Position and Potential on 810m2
When location is a key factor in making future property decisions, the Bayside suburb of Lota is fast becoming a highly sought-after destination for families, downsizers, or astute investors looking to add to their portfolio.
Surrounded by contemporary homes and backing on to parkland, this property offers unlimited future promise. You could renovate the existing home or build your dream home on an impressive 810m2 block (on two lots) or develop the two lots of land separately.
The existing character home offers two generous sized bedrooms, serviced by the family bathroom, spacious loungeroom and well equipped functional kitchen.
• Fully fenced 810m2 block
• 20m frontage x 40m depth in total (two lots)
• Each block boast 10m frontage x 20m depth
• Hardwood timber floorboards
• Off street parking for additional vehicles, caravan or boat
• Internal laundry
• Close proximity to the boat ramp
For the investor, this property has a potential rental return of $390-$430.
It holds a prime position only moments from Lota Esplanade, parklands and walking/bike tracks, RQYS and Marinas, and Manly Harbour Village offering all the enjoyment Bayside living has to offer.
Within walking distance to public transport with links to Cleveland and Brisbane CBD, direct access to the Port of Brisbane, Gateway Arterial, and Brisbane Airport.
Within the Lota State School catchment and Wynnum State High school catchment and close proximity to some of Brisbane’s finest private and state schools including Moreton Bay Colleges’ and Iona College.
This property poses a great opportunity that is only limited by one’s imagination.
Call Sandi today to find out more!