696 Old Cleveland Road East, Wellington Point QLD 4160

Proudly presented by Stephanie Marshall, this home is located on the border of Wellington Point and Ormiston; arguably the two best suburbs on the Redlands Coast!

This is a fantastic opportunity for your next development or investment to acquire a large 809sqm block with a 16m frontage. For the savvy buyer, the options earn some added income and return a long-term profit are endless.

The existing brick high-set home situated on the block has been completely built-in underneath and offers separate access. This is ideal for renting out separately, or for a large family to utilise as a teenage/guest/parents retreat, or suitable for combining families.

This excellent location is only a short walk or drive to public and private schools including Ormiston College, train stations and bus stops for easy commuting, parks, multiple shopping centres, local restaurants and cafes and more.

DOWNSTAIRS
* Kitchenette with oven, electric stove and stone bench
* Large multipurpose space
* Full bathroom
* Multipurpose room
* 2nd multipurpose room with built-in robe
* Laundry with stone benches
* Storage space

UPSTAIRS
* Kitchen original with double sink, dishwasher, oven and euromaid stove and dual fridge space
* Dining space adjoins kitchen
* Large lounge room with ceiling fan
* Balcony with access from lounge room and master bedroom
* Three bedrooms with built-in robes and ceiling fans
* Floor to ceiling tiled bathroom with separate toilet

OTHER
* Zoning - Low Density Residential
* This block is already positioned for a side driveway (3m right hand side from street)
* Currently rented as is for $610.00/week - lease expires on 23 May 2022
* $1,266.45 rates/quarter
* Garden shed
* Room for a pool
* Side access
* Double carport
* Electric hot water system
* Smoke alarm compliant

LOCATION
* 1min walk to closest Bus Stop
* 2mins walk to Horizon Shops
* 8mins walk to Apex Park
* 10mins walk to Ormiston College
* 13mins walk/3 mins drive to Wellington Point Market Hall & Restaurant
* 3mins drive to Ormiston Train Station
* 4mins drive to Wellington Point Train Station
* 5mins drive to Alexandra Hills State School (catchment) and to Wellington Point State High School (catchment)
* 6mins drive to Redlands College
* 7mins drive to Raby Bay Harbour
* 18mins to Manly Harbour
* 21mins drive to Westfield Carindale
* 29mins drive to Brisbane Airport
* 45mins drive to Brisbane City or drive & ferry to North Stradbroke Island
* 1hr 10mins drive to Gold Coast
* 1hr 30mins drive to Sunshine Coast

DEVELOPMENT OPTIONS
* Possibility of duplex or battle-axe opportunity (STCA)
* Build one super-sized, luxury family home in this prime Wellington Point on 809sqm of prime land
* Keep as is, hold and move in, or rent out - renovate upstairs for additional

Call Stephanie Marshall now for more details, otherwise I look forward to welcoming you at the next open home!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.