307 Colburn Avenue, Victoria Point, QLD, 4165, Australia

With the high demand for rental accommodation in Redland City, this property offers the astute investor an instant rent return of approx. $575 per week for the existing house, and a further rent return of approx. $670 - $700 per week, once the second house is complete.
Demand is high for ready to move in turn-key homes in this area, so there is the option to sell both homes.
Enquire now about this excellent opportunity to capitalize with this property.
This is a very unique property: DA Approved Dual Occupancy site, fully renovated existing house, surveyed boundaries, new boundary fencing for both properties, new cross-over driveway as per council requirements with under-ground piping ready for services, and services readily accessible for connection.
The site has been perfectly prepared ready for the next stage of this development.
The approved house plan for the proposed second lot is a low-set four-bedroom design with a double garage and two bathrooms. The second rear lot also has good wide driveway access and additional parking space.
The existing house is beautifully renovated with three bedrooms, one-bathroom, modern kitchen, new separate laundry, new outdoor area and large new lockup carport with insulated roof.
Everything about this property is low-maintenance and ready for the new owner to maximize the profit gain.
The existing house can be rented immediately saving you a fortune in holding costs.
If you are looking to build your dream home, this could be ideal as you can live in the front house while you build at the rear.
Located close to the waterfront, shops, bus stop, schools, sporting club, and all general amenities.
For more information about the approved dual occupancy please contact our office or visit the Redland City Council website.

INSPECTION TIMES: The sellers of this property have agreed to offer flexible inspection times to suit all buyers. We invite you therefore to inspect this property at a time that suits you, even if it is after hours or an odd time.

Please call us now on our 24 hour number 07 32076000 to arrange your inspection. To obtain the address please call or email us and we will send it to you as soon as possible.

*Important* Whilst every care is taken in the preparation of the information contained in this marketing, Tidbold Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of advertising.

Some images also contained here are artist's impressions only.