CLASSIC WORKERS COTTAGE IN A BOOMING LOCATION
Explore all the possibilities on offer with this superbly situated, neatly presented character WORKERS COTTAGE that occupies a prominent position along this popular thoroughfare in thriving Moorooka.
Boasting a large land site of 716m2, the big two bedroom plus front utility roomed weatherboard house is neatly set back from the road and offers residents a private retreat with complete convenience.
Location highlights include:
– Short walk to Moorooka or Rocklea train station
– Minutes to Brisbane marketplace
– Inside Moorooka state school zone
– Accessible to large-scale shopping centres
– 2.3km to Tennyson Tennis centre and Riverside Parks
– 6km to PA Hospital or 7km to Mater Hospital
– 8.5km to West End
– Frontage 15m approx
– BCC Rates $ 450 per/quarter approx
– Current Fixed Term Lease till the 8th December 2023 @ $480pw
The property is fully fenced and has lush, mature plants and gardens at the front. There is a good-size covered entertainment deck for relaxing with friends. The spacious interiors are in good condition with polished timber floors, high ceilings, fully air conditioned, lounge and bedrooms with ceiling fans. There is a tidy living and dining space with practical kitchen and a shared bathroom. The property also includes an air conditioned front home office, carport facility with side driveway to the large backyard which features a storage shed.
Holding a PRIME SPOT, this is a fantastic FUTURE REDEVELOPMENT SITE perfect for a separate granny flat or constructing a multi-residential complex (STCA) either for resale or providing you with a brand new home to live in and additional rental income. The zoning is LMR2 which allows for up to 3 storeys to be built.
It would make for an ideal HOME BUSINESS BASE and by utilising the main road exposure for signage to attract clientele you can also provide ample off-street parking for customers.
Alternatively, an astute purchaser could undertake an extensive renovation underneath or total rebuild and enjoy strong resale value or long-term growth potential. Couple all this with proximity to major amenity and significant employment nodes and you’ve a guaranteed recipe for success!
This is an exciting proposition for a ready to act buyer to acquire a truly versatile property in this burgeoning location of Brisbane. Call now for more information.
