1 Fitzgerald Street, East Innisfail QLD 4860

$299,000

3 beds

1 baths

1 parking

Queenslander on subdividable riverfront block

This lovely old Queenslander has had a nice renovation and is move in ready. The location is superb as it sits on an elevated block right opposite the river. The cycle/ walkway runs into town and out along the riverside. It is a lovely place for your morning walk. The house has had a paint right through both inside and out. The main living area is quite large, has brand new air conditioning and flows through to the renovated kitchen. The character of the old Queenslander has been retained with its casements windows and high ceilings. Being elevated there is plenty of space below for parking, storage, and hobbies.

The real key to this property is the 1495 square metre block of land that it sits on. The local Council has a minimum residential block size of 600 square metres so a subdivision would be very straight forward. With the local council's current policy of no headworks charges, it is honestly a no brainer. Little more than getting a surveyor in and lodging a plan with council. The corner location makes it even easier.

There is an absolute rental crisis in this town so the property would rent in a flash, and it may be wise to build the second dwelling yourself. Either way this is an excellent opportunity and would work very well for a self-managed super fund. Smart investors will love the idea of land banking the back portion of the lot.

In the meantime, there is room for everyone to enjoy, plant an orchid if you like. Right on the edge of the town centre.

Contact Michael Skuse

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Garage Spaces: 1