Snap Auction Saturday 30 August 14 at 11.00 am on site !
Proudly presented to market, and with a sense of urgency, 106 Sibley Rd, Wynnum West offers an excellent opportunity for the builder, budding developer or investor alike. Very rarely does a double block come onto the market, with options a-plenty , given the location and land area of this particular site.
Positioned high on the hilltop and offering fantastic distant city views, this classic post war character home is set on a very generous 810 sqm double allotment, being 2 x 405 sqm allotments known as Lot 92 and Lot 93 on RP33289.
This property represents sensational value, with the existing home in very good condition, providing a good rental income, or home for you, whilst you develop your ideas for the future:
* Hold and let the capital growth value of 810sqm land (double block) continue to grow.
* Live in and investigate your re-development options.
* Remove and redevelop, build on one block and hold the other block as a future investment.
* Remove and redevelop, build two new homes in a very high demand location.
For developers, each block being 405 sqm is configured as approx 10 m frontage x 40 m deep.
For the home buyer, this character post war style of home has a versatile three bedroom plus sitting room extra, layout and has retained much of the classic character of this era of home:
* Three built in bedrooms and combined living areas
* Extra office space, separate sitting room/sunroom/parent’s retreat.
* Detached double garage, plus separate studio, would make fantastic office space or teenager’s room.
* Classic styling includes weatherboard construction, timber ballustrading on rear timber entertaining deck with city views, and terra cotta tile roof.
The property is conveniently located within walking distance to Primrose Park, Iona College, Ropley Rd community park, and Wynnum State Primary. Also bus services and city rail station within convenient access from this locality.
Any way you view this property, it must be considered an excellent investment and home option in one ! So make your time to view directly with your local experienced agents.
The owners have given strict and clear instructions to sell this property which is scheduled for auction at 11.00 am on site, Saturday 30 August 2014, at 106 Sibley Rd, Wynnum West.