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5 Creek Street Silkstone, QLD 4304

Sold for $265,000 on 18 Aug 2015
  • 3 Beds
  • 1 Bath
  • 1 Car
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5 Creek Street, Silkstone, QLD 4304

House in Silkstone

Income And Excellent Development Potential Huge 1075m² Block!

  • 3 Beds
  • 1 Bath
  • 1 Car

Opportunities like this don't come around often

Currently rented at $275 per week to a secure tenant, enjoy the benefit of regular cash flow and great rental returns while you complete your plans to develop this investment gem.

Situated on a big flat 1077m2 approx. block with large a backyard, this well-presented established home is ideally positioned toward the front of the block with good access down both sides - just perfect for development (subject to ICC approval). Retain the existing house, subdivide the back yard, build a second house The opportunities for the smart investor to profit are endless!

There's even a proposed plan of subdivision already prepared and available on request.

Complete with beautiful hardwood timber floors throughout, an enormous kitchen with plenty of storage, air-conditioning to the master bedroom and living area for year-round comfort, and so much more, this excellent home has always been in demand by quality tenants.

But you'll need to act quickly - great investments with so much extra development potential like this are extremely rare, and the opportunity to secure such a desirable property will not last.

Don't miss out call now before another shrewd investor snaps up the deal of a lifetime!

Features:
  • Single Garage
Land:

1,075m² / 0.26 acres

Bedrooms:

3

Bathrooms:

1