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55 Milton Avenue Paradise Point, QLD 4216

Sold on 6 Aug 2020
  • 4 Beds
  • 1 Bath
  • 3 Cars
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55 Milton Avenue, Paradise Point, QLD 4216

House in Paradise Point

Large Family Home Close to Water - Investment, Renovation or Redevelopment Opportunity- MUST BE SOLD PRESENT ALL OFFERS!

  • 4 Beds
  • 1 Bath
  • 3 Cars

PRICED AT OFFERS ABOVE $690,000

This generous four bedroom low-set home provides endless opportunities and sits on 539sqm (approx) perfectly situated just a short walk to the shops and cafes of Paradise Point, the Broadwater and Paradise Point Parklands.

Option 1- Ideal for a large or extended family wanting to live close to the water with the option to create a separate granny flat.

Option 2- Rental investment with historical rental income of $550/ week and the possibility of creating dual living under current zoning to dramatically increase returns.

Option 3- Renovate the existing home with plenty of room to extend or go up and create your own stunning home just a stones throw from the vibrant Paradise Point Village.

Option 4- Redevelop (subject to Council approvals). This property has a medium density residential zoning allowing for Duplex/ Apartment complex or new Prestige home on a large flat block.

There is money to be made here!

  • 539m2 block
  • Existing 4 bedroom, 1 bathroom home
  • Prime rental, renovation or redevelopment opportunity (subject to Council approvals)
  • Medium Density Residential zoning (build up to 15m high)
  • 3 minute walk (approx.) to shops, cafes, Parklands and Broadwater
  • Desirable North to rear of site aspect
  • Ideal large block for investment or multi-level redevelopment - act now!

Priced at offers above $690,000

For more information or to arrange an inspection please contact Andrew or Josh today - this opportunity will not last!

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Features:
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden
Land:

539m² / 0.13 acres

Parking:

1 carport space

Bedrooms:

4

Bathrooms:

1