How Rare is This … Double Block … No …. Try Triple, Triple, Triple Block Potential !
Absolutely once in a lifetime opportunity to secure a home site in a leafy established position with the scope to create triple block potential subject to local government approval. 1214 sqm land area …… 1214 sqm land area ….. with approx 36 metre street frontage !
Currently there is an existing three bedroom plus office, home in neat and tidy condition throughout – open plan living areas, neat and tidy kitchen, weatherboard construction on stumps with storage/laundry under. Surprisingly open plan design and easy living home. The potential current rental return likely in the vicinity of $400 per week.
Located at 11 Bulgin Ave, Wynnum West this site ticks all the boxes for growth potential:
Tick One – Rare land size allotment of 1214 sqm known as Lot 1 RP 71952
Tick Two – Triple block street frontage potential subject to council approval – current property dimensions and approx 36 m street frontage allow for the creation of 3 x 405 sqm allotments (STCA).
Tick Three – Priced right to allow either for immediate redevelopment, or hold and take advantage of the capital growth potential.
Tick Four – Walking distance to Wynnum North Railway station and local shops, only a few minutes drive to the Wynnum/Manly Esplanade and parklands, short drive to Gateway Motorway for access to Gold Coast and Sunshine Coast.
Tick Five – Sound three bedroom home in good overall condition will provide a rental income or home to live within, whilst you develop your plans for the future.
Tick Six – Truly a lovely specific location, trees surrounding, and majestic outlook over the school sports grounds of Iona College. The elevated position assures you will capture the refreshing bayside breezes.
All Wynnum-Manly services within a few minutes access, including city rail station, Wynnum Plaza shopping services, maritime and recreational activities of Moreton Bay,
Medical centres, primary and high schools.
Top value property in top value location – so don’t hesitate, and contact your local experienced agent to view:
Reno Muscat
Phone 3893 6709
Mobile 0413 754 638
reno.muscat@remaxwm.com.au