For capital growth… just add water !
Proudly presented to the market place by Reno Muscat of Re/Max Advantage, 10 Murray St, Birkdale, is located in a strong capital growth location within a few minutes walk to the waters of Moreton Bay.
Simple in design and construction, and waiting for a makeover the positives of this property clearly cannot be overlooked:
Walking distance with the Birkdale waterfront and parklands at the end of your street
Open plan older style low set brick home, with two larger bedrooms and waiting for a make-over to add value over time
Excellent sized, larger 625 sqm allotment with plenty of back yard space
Side access to car accommodation, allows access for vehicles into back yard
Murray St, is nestled between the popular estates of Aquatic Paradise and Sovereign Waters
This home is within walking distance to primary school, shopping services and transport services.
So, with plenty of scope to add value here in the future, without over-capitalising, whichever way you look at this property, it would make an excellent investment and home in one. For current investors, there is an excellent tenant in place with full 12 month lease, (until July 2014) and the property is returning a good rental return of $300 per week now.
Inspections can be easily arranged by appointment so contact your local experienced agent now.