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Description: Invest in a prime development site on the outskirts of the town centre with the purchase of this older-style tenanted duplex on a huge 1,011m2 block zoned Medium Density Residential within walking distance to all CBD amenities including rail, local school, hospitals, and aquatic centre.
With two identical floor plans, each side comprises front porch, two bedrooms, one-bathroom, separate toilet, lounge room, kitchen with meals area, and laundry. Side driveway access leads to a massive backyard and double carport.
In mostly original condition with clear potential to renovate existing features include recently replaced roof, high ceilings, casement windows, shower over bath, split system air-conditioning, ceiling fans, and security screens. The rear could also be fenced to create two separate backyards for each side.
Currently tenanted: Unit 1 is rented until May 2026 @ $405 per week and unit 2 is rented until February 2026 @ $390 per week, both with potential to increase returns at lease expiry.
This opportunity will appeal to a range of buyers from land-banking investors, developers looking to build townhouses/apartments (stca), renovators/property flippers, and possibly even extended families who can update or reconfigure to suit requirements.
Located so close to town and essential services, plus with quick easy access to major arterial routes including Nambour Connection Road and Bli Bli Road; this is an absolute cracking opportunity offering exceptional convenience, lashings of potential, and a holding income.
Investor owner is highly motivated to sell; contact Richard Krausz today to find out more & express your interest.
*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
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