8 Peregrine Street, Mourilyan, QLD 4858

Great-Damaged Opportunity ? 1012m? Block with Huge Potential

Price is $180,000 (As Is- as this property was subject to flood damage with cyclone Jasper 2023, but not from anty recent weather events.

A homebuyer can profit from a flood-damaged property by:

Buying at the Discounted price of $180,000 & Adding Value ? raise house, repair damage, and upgrade with flood-resistant materials.

Using Insurance & Grants ? Leverage flood insurance payouts, FEMA aid, or government programs to reduce costs.

Flipping or Holding for Appreciation ? Renovate and resell for profit or hold if the area's value is rising.

RE- Selling to Investors ? Sell as-is to cash buyers or redevelop for higher value.

If you're looking for a renovator?s dream with solid bones and outstanding potential, this 3-bedroom home could be your perfect project. Situated on a spacious 1012m? block, this property offers a solid timber structure, impressive timber floors, and plenty of room to transform.

Property Highlights:

Generous 1012m? Block ? A flat, usable parcel featuring established gardens and fruit trees, plus plenty of space for future additions.

Large 3-Bedroom Home ? Classic solid timber construction with high ceilings and open-plan living, ready for a creative makeover. Quality Timber Floors ? A standout feature, just waiting to be restored to their former glory.

Solid Shed & Carport ? A sturdy 2-bay shed for storage or a workshop, plus a covered carport to protect your vehicles.

Mains Connected ? Water, power, and a septic tank for essential utilities. Plus mains generator switch. Updated electricals.

Affordable Holding Costs ? Council rates approximately $3,500 per year.

Prime Location ? Beach, Boating & Convenience!

Minutes to Etty Bay & Mourilyan Harbour ? Enjoy pristine beaches, fishing, and a boat ramp just a short drive away.

Close to Mourilyan Village ? Shops, a school, and a local pub for added convenience.

12 Minutes to Innisfail CBD & 1 Hour to Cairns ? A perfect balance of rural serenity and city access.

Who Should Grab This Opportunity?

Renovators & DIY Enthusiasts ? A rewarding project with endless possibilities.

First-Home Buyers ? A low-cost entry into homeownership with room to add value.

Investors ? Secure a bargain-priced property with strong rental or resale potential.

Act Fast ? Rare Find at This Price!

Properties with this much potential in such a sought-after location sell quickly. With growing interest from southern buyers, locals should move fast to secure this opportunity.

Call the agent today to arrange a viewing!