Renovate or detonate – your call. There is also an option to buy the adjoining allotment, if required. Lot 170 has the old house and is set on 1002m2 corner allotment at the List Price of $100,000. Firm the house is of weatherboard construction, has a fibro roof and hardwood floors and frame. Has previously tenanted at $190 per week.
Lot 169 is the vacant allotment adjoining and is 1012m2 and can also be bought for $55,000 giving the developer half an acre in a brilliant hill location. The properties are zoned Res B and there are definitely options:- Option 1 build unit complex, Option 2 renovate house and build spec home next door, Option 3 demolish house and build 2 new spec homes, Option 4 renovate house and use additional allotment for yard and sheds. The property is located in a great hill location, within an easy walk to private school, corner store and Kingaroy CBD. Ideal for developers or even self-managed super fund.
Chris Arnold