8/8 Bayview Terrace, Deception Bay QLD 4508

Ideal for investors, this spacious 2 bedroom waterfront unit at the end of the top level boasts unrestricted ocean views.

The unit is has a great location adjacent to two cafes, across from the library, parklands and the bay with immaculate boardwalk. It is only 1.1km from the Deception Bay bus station and 8km from the Kippa-Ring train station.

On the lower level, this two story unit offers a generous kitchen with under staircase storage and a spacious open plan tiled living/dining area which opens onto a balcony with ocean views. The upper level has recently been recarpeted and has two bedrooms and a bathroom.
The unit also has the exclusive use of an undercover carpark and a lockable storage unit.

Investors will be pleased to note that from a capital growth perspective, in addition to the sought after waterfront location, the site is currently zoned General Residential Urban Neighbourhood which is supportive of a wide range of future uses over the site, with development for residential accommodation and retail/commercial facilities that may be suitable where it is consistent with the urban form and primary functions of the zoning and precinct.

Features include:
* 2 good-sized bedrooms (with ceiling fans)
* one bathroom
* large balcony off living area and with great views
* large modern kitchen/dining area with hidden laundry and dishwasher facilities
* excellent sea breezes and clever apartment design eliminating any need for air-conditioning
* a single dedicated carport space with fully enclosed exclusive-use lockable 2.4m2 storage facility (for apartment 7 use only), which is conveniently located directly at the base of the stairs leading up to the apartment
* plenty of street parking for occupants and guests
* grocery shops, shopping centre, school and public transport all close by
* low strata body corporate levies at approx. $1,736 per half year
* council rates at approx. $515 per quarter

The property is tenanted until 3 September 2024 achieving rental income of $380.00 per week. Call to book a private inspection today.