42 Mcaneny Street, Redcliffe, QLD 4020

In-room Auction

Location: 1/54 Oxley Avenue, Woody Point

Date: Tuesday, March 18th at 11:00am

A large 810sq m property, across two titles, located in the middle of the vibrant, thriving Redcliffe peninsula just north of Brisbane. The development opportunity here is obvious and exciting given the area's growth trajectory which has seen a 9.4 per cent increase in home prices over the past year.

Within five minutes of this property is Redcliffe Hospital, the historic Redcliffe Jetty, Suttons Beach, major retailers, popular restaurants and cafes, and train and bus services. It falls within a "Generation Residential Zone - Next Generation Neighbourhood Precinct" which encourages the development of multiple dwellings (Subject to Council Approval) up to 12m, and reflects the convenience of the location and value in the investment.

Currently, as it stands, is a quality three-bedroom, one-bathroom home with polished hardwood floors, air-conditioning, ceiling fans, a covered patio, carport and a large garage to the rear. The weekly rental return is significant, allowing for flexibility in regards to the timing of when to embark on a development project should that be the ambition.

Scheduled to go to auction, however will sell prior if appropriate, this outstanding opportunity offers but is not limited to:

+ 810sq m across two titles in the middle of Redcliffe

+ General Residential Zone - Next Generation Neighbourhood Precinct (up to 12m)

+ Within five minutes of Redcliffe Hospital, Suttons Beach, major shops and transport

+ Significant weekly rental return on current three-bedroom, one-bathroom home

+ Polished hardwood flooring, air-conditioning, ceiling fans, covered patio, large garage

+ Less than 30 minutes to Brisbane Airport

*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research. Photos are indicative only.