76 Old College Road, Gatton QLD 4343

This quintessential Queenslander dwelling has recently been refurbished and is currently tenanted on a periodic lease at $450.00 per week. This 799m2 corner property currently has a DA on it for the construction of a further 2 units (duplex configuration) at the rear of the property. The owners have commenced work on a new a new DA application that would allow 4 residential units to be built on the site in the configuration of 2 duplex blocks.

The current dwelling offers 4 bedrooms, an open plan kitchen, family/dining and living area plus a large sunroom at the entry. Stunning hardwood timber flooring features throughout the central living area of this residence while the bedrooms and sunroom enjoy the comfort of carpet underfoot. The residence also includes a main bathroom with adjacent separate toilet and a laundry. The bathroom and the kitchen have been fully renovated and internally the dwelling has recently been repainted. Two bedrooms and the living area enjoy are air conditioned for year-round comfort. Ample storage below the dwelling is available. The dwelling is currently leased on a periodic basis however, market trends indicate the potential to increase the weekly rental to approximately $550 per week on commencement of a new lease.

The current DA on the site (MC2018/0086) was approved by the Lockyer Valley Regional Council on 17 July 2019. The concept that was approved allowed for the retention of the existing dwelling fronting onto Old College Road and the construction behind of two, two-storey duplex units fronting onto Buaraba Street. Subsequently a pre-lodgement meeting with Lockyer Valley Regional Council indicated a favourable response to a new DA on the site for 4 residential units. This included a redesign of the units facing Buaraba Street, the demolition or relocation of the existing dwelling and the replication of the Buaraba Street units to face the Old College Road frontage of the property.

All relevant documentation (DA, concept plans, renders and notes from Pre-lodgement Meetings and details of consultants) will be provided to the purchaser.


Features include:
- 123m2 dwelling positioned on a level 799m2 corner lot
- 4 bedrooms in total, all feature robes, carpet underfoot and 2 are air conditioned
- Large open plan central living area comprising the kitchen, dining/family and living room featuring beautiful hardwood timber floors
- Renovated galley kitchen featuring stone bench tops, dishwasher, 600mm cooker, microwave space
- Large main bathroom with shower and floating vanity, adjacent separate toilet a
- Laundry featuring linen cupboard
- 3 split air-conditioning systems
- Carpet to all bedrooms and sun room
- Window treatments throughout
- VJ timber walls throughout
- Ample under house storage
- Gas instantaneous hot water
- Fully fenced low maintenance property
- Current DA for property to construct 2 additional dwelling units (duplexes)
- Documents for new development application to construct 4 dwelling units

Conveniently located:

4.9 km to University of Queensland Gatton
2.5 km to Gatton Hospital
2.1 km to Lockyer District High School
1.3 km to Gatton State School
1.5 km to Peace Lutheran Primary School
15.5 km to Bunnigns Plainland
35 – 40 minutes to Ipswich and Toowoomba

Contact Morgan Oliver, your trusted real estate specialist at JMO Property Group today on (07) 5517 5282 or [email protected] to register your interest.

Disclaimer: JMO Property Group has obtained the information presented herein from a variety of sources we believe to be reliable. The accuracy of this information, however, cannot be guaranteed by JMO Property Group and all parties should make their own enquiries to verify this information.

Disclaimer:
Disclaimer: JMO Property Group has obtained the information presented herein from a variety of sources we believe to be reliable. The accuracy of this information, however, cannot be guaranteed by JMO Property Group and all parties should make their own enquiries to verify this information.