11 Central Avenue, Deception Bay QLD 4508

Located in the immediate "hot spot" of waterfront development and activity this Multi residential Unit site is one street back from the waterfront!! Close to hospitals, major shopping precinct North Lakes, day care centres, retirement homes, quality primary and secondary schooling all only a half hour from Brisbane City.

This expansive double storey brick and tile home features four bedrooms, two bathrooms and a modern kitchen. There is a sitting tenant paying $420 per week until March 2024. Enjoy a constant rental return whilst this exciting property continues to grow in value. This is a lucrative investment prospect adjacent to the plush Gloria apartments.

Lot 24 RP 80747 is 895m2 in area and zoned General Residential (Urban Neighbourhood Precinct). This is the high density residential zoning. The maximum permitted building height is 21m. In terms of unit numbers envisage a four or five storey building with 12 plus units. The ground floor would cater for 18-20 car parking spaces.

KEY FEATURES
* Currently rented at $420 per week until the 17th March 2024
* Zoned General Residential (Urban Neighbourhood zoning)
* Modern kitchen
* 4 bedrooms and 2 bathrooms
* 500m to water
* 4 bay garage
All set on a bold 896m2 land lot… EXCITING FUTURE PROSPECTS HERE AND MUST BE SOLD!! ALL OFFERS PRIOR TO AUCTION WILL BE CONSIDERED!!