2
4

1 Gloucester Street,
Brighton Queensland 4017

Price: High $400,000's

Dual Income Opportunity - Rare Brighton Duplexes

"Unique" is a term overused in real estate advertising but in this case it rings true. Very few properties in the bayside region offer 2 rentable premises for the price of 1, along with obvious potential for future redevelopment of the site. - two x 2 bedroom flats - solid construction with dated finishes - consistent rental returns of $235 & $240 weekly each ($475/week total) - cosmetic makeover would undoubtedly increase returns - reliable long-term tenants preferring to stay With obvious potential to continuing leasing with reliable income whilst you obtain Council approvals to demolish and rebuild a single or dual residence the options for use of this site are exciting. Rent ... Reno ... Remove ... Rebuild ... or simply Land-Bank! The 612m2 block is seemingly much larger than its official proportions due to its lengthy frontage and equally impressive corner allotment. Set high on the hill and embracing the bay breezes, the property's positioning is ideal for inviting cross-ventilation. - prime corner position (2-street frontage) - level 612m2 block - elevated & ultra-breezy locale - fully fenced allotment - convenient to shops & transport Schools, shops and transport are all nearby, whilst Sandgate's popular cafe/dining precinct and vibrant waterfront are within a mere 5 minute drive. Access to the motorway is on the doorstep making the commute to the north or south coasts easy. Savvy investors will see the exceptional value on offer here ... this has to be one of Brighton's best and smartest acquisitions!

Property Details

Price
High $400,000's
Address
Gloucester Street
Suburb
BRIGHTON
Postcode
4017
Property Type
House
Land Size
612 m2
Bedrooms
4
Bathrooms
2
Property ID
18026425
Other Features
None,None