But wait there’s more!!! We’ve all heard of that saying before, but this home has so much potential I can’t help but quote it. This massive home is nestled on 2024m2 and is still registered in two titles. Renovations have already been done which converted half of the home into two flats. These double storey flats each possess two bedrooms, open plan kitchen, dining and lounge and their own bathroom. They are each complimented by split system air conditioning to the lounge and master bedroom. These units have been painted inside and out, new floor coverings, a new kitchen in the unit upstairs…and the list goes on. These lovely two bedda’s can each achieve $160 per week rent each. What an excellent rental return!
But wait there’s more…Attached to the double storey flats is the original lovely queenslander. Investors or homebuyers have the opportunity to renovate or pull the old building down whereby either creating a massive family home or another rental property bringing in even a better return. This old home is very enticing, making your fingers itch just wanting to see it restored to its former glory. The large lounge room still has the original architraves and metal pressed ceiling. What a stunner she would look reformed.
But if your an out of the box thinker you could also make the most of all that land, pull down the building an bring in a relocatable. At the back of this expansive property is another building which use to be a former school building. With council approval there is potential to create more income or just use this building as a carport and shed for the tenants. As the primary land use still advises that this is a Guest house/Private hotel this should be easy to do a MCU and get approved through council. What are you waiting for* Opportunities like this are rare as gold. Call today to make an offer. Phone Marina on 0428 770 558.