Kingston

5 Gidgee Street

5 2 1 Land: 1214 SQM

SOLD - $805,000

Sub-Division Potential & Tremendous Opportunity

Are you searching for a prime investment property with tremendous potential? Look no further than 5 Gidgee Street, Kingston. This outstanding double block property nestled on 1,214m2 boasts a spacious 5 bedroom, 2 bathroom, multi-living house. Buyers have unlimited opportunity with a wide 40.6M frontage, they can subdivide and develop (subject to council approval), renovate and extend the pre-existing house, demolish and rebuild their dream home or tenant and land bank - the choices are endless. Snap up this amazing opportunity while it lasts!

Property Features:
+ Spacious 5 bedroom, 2 bathroom, multi-living room established house
+ Level 1,214 m2 block with subdivision potential
+ Wide 40m frontage
+ Low Density Zoning
+ Perfect for 2 x single dwellings or one expansive house
+ Currently tenanted at $480 per week to 10/10/2024. Current market appraisal for rent is $580-600/week.

The unbeatable location is situated:
+ 450M from Ariel Childcare Centre & Preschool
+ 720M from Logan City Bowls and Rec club,
+ 670M local shopping village,
+ 1.4Km to Kingston Train Station,
+ 1.55km to Logan Central City Centre
+ 4km to Logan Hospital,
+ 4.7km to Griffith Uni

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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