$297,500
2 Bed • 1 Bath • 1 Car • 910m²
New
Sold
Sold
118 South Station Road, Silkstone QLD 4304
$297,500
- 2Bed
- 1Bath
- 1 Car
- 910m²
House Sold on Fri 28 Aug, 2020
What's around South Station Road
House description
“DON’T WORRY ABOUT SUB-DIVIDING ME – I’M ALREADY ON TWO TITLES!!!”
Don't wait or even hesitate because you are going to need to move quickly or you are going to miss out!
This is potentially your one and only chance to double your profits by securing this quirky post war family home that gives you the opportunity to:
(1) Significantly increase its value by doing minor renovations to the home; and
(2) Sell off or develop the second block and double your profits!
This super rare, well maintained and vacant two bedroom family home is located on a level 910m2 block of land in the highly sought after suburb of Silkstone. The bonus feature of this home is that it is sitting on not one but two titles of land (Lot 24 & 25 on RP 24318)!
The existing family home is in fantastic condition and is move in ready for you and your family or some very lucky tenants. For the savvy investor the property has been rent appraised at $270 - $280 p/week.
Stepping through the front door you enter into the sunroom which is setup like a mud room that you can take off your shoes and hang up your coat and umbrella before stepping into the family home. Coming out of the sunroom into the large separate air-conditioned lounge/dining room that is highlighted with gorgeous stained timber fretwork and 10-foot-high ceilings throughout, you get a feeling that the home is much bigger than expected.
The kitchen is huge and is of its original design as per when the home was built and is in amazing condition for its age, but offers great bench and cupboard space above and below, large pantry, electric stove and oven, it even has its very own air-conditioner.
There are two (2) oversized bedrooms (the master also has its own air-conditioner) plus a sleep-out. The sleep-out offers great storage with a large linen cupboard. All rooms are service by the main bathroom, which features a single vanity, shower over the bath and a storage cupboard, terrazzo floor, there is also a separate toilet located just outside.
Underneath the home is fully concreted and houses the laundry and in addition to this there is an abundance of lockable storage space as well as room to park a small car. There is two (2) tilting garage doors, one located front and back of the home.
You may decide to live in the home yourself and just keep the big back yard so that your kids and pets have loads of room to run and play. There is loads of room to park a caravan or boat or build the build the largest shed or pool. Some people may even choose to build a second home for elderly parents or adult children so that two generations of family can share the mortgage.
Alternatively, because the home is (Post War) you can subject to Ipswich City Council approval, sell and remove the existing dwelling and build two (2) brand new homes on their own already existing titles. It won't cost you the normal approximately $100,000 to create a second title as it already exists!
If you do decide to utilize the second block you can either build a second home and rent them both out or sell them both and double your profits. The choices that this truly unique property offers you are endless and they are yours to make based on your personal circumstances. It's like having a money tree outside your back door. You can cash it in anytime you want!
This amazing family home is only a short drive to services including road and rail transport to Brisbane and Ipswich, Booval Fair Shopping Centre with its own Woolworths and numerous specialty stores as well as the East Ipswich State School, Sacred Heart Private Primary or Ipswich Boys and Girls Grammar Schools, St Edmunds and St Marys Private High School. There is also great proximity to other shops, doctors, dentists, all entertainment and sporting venues.
This property represents an opportunity for astute buyers to enjoy a fully renovated masterpiece on a big block of land or have two blocks in one of the most sought after heritage locations in Ipswich and create a dual income stream or two sales opportunities. These two title properties are becoming harder and harder to find so you will need to act quickly or be prepared to be disappointed!
There is no time to waste when it comes to this rare and ready to live in or rent out family home. It is perfect for investors or anyone who just wants to make some money, young couples just getting started, mature couples looking to downsize and have a place to park the caravan and call home and for everyone else in between. You will need to be quick or it will be gone!
Most importantly, there is one more compelling reason to buy this feature packed family home that offers a large block of land - it has been priced to sell quickly at Offers Over $299,000.
Call to book an inspection today!
Listing agent – Corey Athanates
DISCLAIMER: Crowne Real Estate has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property features
Air Conditioning
Alarm System
Broadband
Floorboards
Fully Fenced
Living Areas: 1
Outdoor Entertaining
Secure Parking
Toilets: 1
Workshop
Building details
Land details
What's around South Station Road
Contact the real estate agent
Corey Athanates
Crowne Real Estate
Send an enquiry
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