Here it is! Don’t wait as double blocks, are very hard to find, particularly in a street which has great elevation, with an outlook towards the northern suburbs of Brisbane and Glasshouse Mountains.
This property is positioned in an established pocket in Wynnum West, within walking distance to most services, and approximately 20 minutes walk to the waterfront. The property consists of an old but solid stucco dwelling on two lots of land. This represents sensational value, with a dwelling which with some improvement, will provide a steady rental income, whilst you develop your ideas for the future. It really does tick all the boxes:
Tick One Priced right to allow either for immediate redevelopment, or hold and take advantage of the capital growth potential.
Tick Two Sturdy and spacious two bedroom stucco dwelling in place will allow for good rental income now, (requires some improvement) and the scope for future development if desired, or renovate the existing dwelling and keep the large parcel of land.
Tick Three – Elevated location, with lovely aspect, well positioned to capture the bayside breezes, and would ideally suit two storey dwellings, to take advantage of the views available from the rear towards the Gateway Bridge and northern suburbs.
Tick Four The local streets have already some redevelopment happening, so there are proven sales to support any future new homes on this site.
The seaside suburb of Wynnum has seen significant improvement over the last few years, with property values increasing strongly as buyers realize the benefits that the Moreton Bay lifestyle has to offer. Evening walks along the Esplanade, sailing, fishing and the many sporting facilities are just some of the advantages of living near that aquatic playground we love to call Moreton Bay.
This property has high value land content with 817 sqm land area. The property is also known as lots 1 and 2 on Registered Plan 60578.
The property is conveniently located within walking distance to: rail and bus transport, primary school, high school, and local shops.
Inspections of 77 Sibley Road, Wynnum West can be easily arranged by appointment with your local experienced agents:
Reno Muscat
Phone 3893 6709
Mobile 0413 754 638
reno.muscat@remaxwm.com.au
or
Cameron Bastow
Phone 3893 6705
Mobile 0413 093 242
cameron.bastow@remaxwm.com.au