:: Open Saturday 21 Nov from 10.00 am - 10.30 am
How rare is this! Double block site, with a sound and spacious lowset dwelling perfect to live in now, hold, and watch your investment grow and develop later.
And it's all about position... Esplanade, Esplanade, Esplanade.
Situated in the quiet and fast moving Lota end of the waterfront, adjacent to some of the most picturesque parklands on the eastern seaboard, this double block is screaming capital growth potential, and red hot value to the astute purchaser.
The 810 sqm site is located at 751 The Esplanade, also known as Lot 63 & 64 on RP33228, (2 x 405 sqm blocks), across the road from the waterfront, and adjacent to the Lota parklands. Ideally suited in the near future to the redevelopment to create two new "high end" homes, currently there is a sound four bedroom dwelling on-site, which may be refurbished cosmetically to allow for a comfortable home to live within for the time being, whilst you develop your own future plans for the site as a whole.
Choices...choices...
Hold "as is" and rent out, allowing for capital growth of the land content alone, and provide a modest income stream over time.
Renovate and live in taking advantage of the larger, and very rare land parcel
Demolish and redevelop on one side, keeping a spare block of land as an investment
Immediately redevelop both sites, to create a combined and planned development project to take full advantage of the eastern views of the glistening waters of Moreton Bay.
Lifestyle options abound. Enjoy fish and chips in the parklands by the waterfront, sunrise over Moreton Bay, discover the stunning fish and bird life within the surrounding mangrove ecosystems, paddle your canoe out into the bay, or upstream along the Lota/Tingalpa Creek, set a crab pot and catch a plate sized mud crab for dinner, walk along the beautiful Esplanade and boardwalks, relax and breathe in the beautiful and invigorating bay side breezes, enjoy a morning stint of Yoga in the nearby park, catch the city train from Lota station within forty minutes and enjoy the buzz of the Brisbane city lifestyle, walk to your yacht or boat moored in the Royal Queensland Yacht Squadron and take a day trip to the surrounding bay islands, or just stay home with friends - you'll feel like you're on holiday anyway!
Whatever you do - whether buying for land market value, or buying to redevelop, make time to inspect this property. It is almost irreplaceable in today's property marketplace.
Inspections of 751 The Esplanade, Lota, can be easily arranged with your local experienced agents:
Reno Muscat
Phone 3893 6709
Mobile 0413 754 638
[email protected]
www.wynnumproperty.com.au
Cameron Bastow
Phone 3893 6705
Mobile 0413 093 242
[email protected]
www.wynnumproperty.com.au
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