39 Grosvenor Terrace,
Deception Bay 4508, Queensland

If this property is not sold by the 3rd July, it will be going to Auction from 6:00pm on the 3rd July at 2/74 Kedron Brook Road, Wilston. It will also be live streamed with phone bidding allowed. The owners will consider all offers prior to Auction, so get your offers in before time runs out!

Here lies an exceptional opportunity to secure a prime piece of bayside real estate, perfectly located in a booming lifestyle corridor just moments to the waterside.

Occupying an ideal northeast-to-rear allotment just two minutes' walk to the Esplanade, this original 1950's cottage is zoned for development up to three stories, presenting an abundance of possibilities for investors, homeowners and developers alike.

Rent out, renovate or rebuild to maximise the potential of this fantastic location in a sought-after pocket of a growth hot spot, walkable to shops, schools, community amenities and the beautiful Deception Bay foreshore.

With its ideal aspect and proximity to the waterside, this property is perfectly poised to capture coastal views, located in a development zone that permits structures up to 21 metres in height.

Currently tenanted with strong, reliable returns, the existing two-bedroom one-bathroom 1950's dwelling features solid foundations that offer potential for enhancement to boost rental yields.

Adjoining a light-filled living area with air conditioning, the updated kitchen with modern appliances includes a dining area opening onto a rear balcony that steps down to the large level backyard. Two bedrooms have ceiling fans and air conditioning and are serviced by a single bathroom with bathtub.

The lower level of the property has been enclosed to house a secure single-car garage, plus workshop and laundry, with ample additional storage space.

With its incredible position in the heart of Deception Bay's sought-after foreshore pocket, walkable to the Esplanade, the local primary and secondary schools, Deception Bay Market Square and bus station, this property delivers both lifestyle and convenience.

Investors, owner-occupiers and those with a vision, act now to secure this fantastic value-add opportunity in a burgeoning bayside precinct less than an hour to Brisbane city.

Features:
• 405 sqm northeast-to-rear level allotment
• Zoned for development (21 m)
• Original 1950's cottage in solid condition
• Currently tenanted with strong returns
• Attractive investment prospect with incredible value-add opportunity
• 2 bedrooms, 1 bathroom, open plan living area
• Enclosed under-house storage and garage
• Rear balcony stepping down to large level backyard

Location:
• Sought-after foreshore pocket
• 250 m to Deception Bay Esplanade
• 400 m to boat ramp
• 650 m to Deception Bay Market Square
• 400 m to Deception Bay bus station
• 150 m to Deception Bay Primary School, 1 km to Deception Bay State High School
• 5 km to Rothwell train station
• 9 km to Westfield North Lakes
• Fast growing lifestyle location just 50 minutes to Brisbane CBD

Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.