Finding a decent sized block of land is a rare find these days. This fantastic property is a large block on 2 lots – 810 Sqm total land area. Positioned in an ideal, elevated section within Richard street, and only approximately 800 meters to the beautiful waters of Moreton Bay, this property is sure to go quickly.
Located in an evolving street scape, with new homes already being developed, this property is ideal for immediate or future redevelopment! Shhhhhh….. the word isn’t out yet, so get in quick before the buyers from across the border find out about out this amazing kept secret.
The existing post war dwelling is currently tenanted for $445 per week, with an excellent tenant in place. The new owner of this home will have a few options – this property can be renovated, removed, or retained as an excellent investment for the years to come.
and …
The land value alone assures your future capital growth in this location!
Did I mention the land size?
Your property investment is absolutely assured on a “double block” of land – Lot 95 & Lot 96; 2 x 405 sqm blocks – 810 sqm land area total. Scope for immediate or future re-development of this site. Build your dream home on the existing large parcel of land or construct two detached homes to be sold separately to reap the rewards in this highly valued Lota location, without the hefty Manly price tag.
Lovely Lota location!
Located within the street of an established area that is already undergoing significant redevelopment, builders and investors have already seen the value in this area. The area is set to become a new hot spot, being only a short walk to the water, perfect for those seeking the coveted Bayside lifestyle.
> Walking distance to Lota railway station, esplanade & 20minutes stroll to Manly Village
> Relax & unwind in one of the many cafes, Royal Qld Yacht Squadron & browse through one of the many boutique shops
> Minutes’ drive to Wynnum Central business district & esplanade
> Walking distance to Lota waterfront, parklands, boat ramps & board walks
> Lota primary State School catchment, Manly State School, short drive to Moreton Bay Boys & girls College, day-care centres & after school care facility
> 18klm to Brisbane domestic & International Airport
> Under one hrs drive to the Gold Coast & the Sunny Coast in approximately one hour away
Don’t miss out on this great opportunity to secure a fabulous piece of the Australian dream. Call Liza now to arrange an inspection.