Australia | Kingston

$699,000

144 Mayes Avenue, Kingston, Qld 4114

# Location

Description

Incredible Investment Opportunity on a Spacious 900m² Block in Kingston This highset 2-bedroom, 1-bathroom home, with a double car space, presents a remarkable opportunity for savvy investors or those looking to create their dream home. Situated on a generous 900m² flat block, this property offers immense potential for future growth and development.

DA approved for subdivision with a front block 400m2 and 500m2 for back block

The existing home has been well-maintained and provides a solid foundation for those looking to renovate and increase their returns. The large block size and highset design make it ideal for lifting and creating a dual occupancy dwelling, offering the potential for two income streams from one property. Whether you're considering adding a second dwelling or expanding the current home, the possibilities are endless.

Currently, the property is tenanted by reliable, neat, and tidy occupants, generating $450 per week in rental income until 20th January. This gives you the flexibility to plan your next steps while enjoying steady returns.

Centrally located, the property offers easy access to transport, schools, and shops, making it an attractive option for both tenants and future buyers. Don't miss this incredible chance to secure a versatile property in a thriving location with the potential for high returns.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

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Shona McKenzie

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5 (14 Reviews)

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