Auction
+ 18

3 Olive Street, Manoora

AUCTION | On Site 30th May

5 4 2 1,090m2

Auction details

Auction

Saturday 30 May, 10:00 AM

Rare Multi-Generational Property With 2 Granny Flats, Development Potential & Endless Flexibility

Packed with flexibility and future upside, this unique property offers multiple living zones, current income and subdivision possibilities (STCA) - making it the perfect opportunity for investors, extended families, builders or buyers wanting extra income streams.

Set on a huge 1,090m² block, the home is currently configured into several private living spaces with separate entrances and outdoor areas, allowing a variety of living or rental options.

Features Include:

-Huge 1,090m² block with subdivision potential of rear block (STCA)
-Side access to huge rear yard (approx 500sqm) space for big shed or granny flat
-Highly versatile layout with multiple self-contained living areas
-5 bedrooms and 4 bathrooms in total
-3 bedroom 2 bathroom in the main section
-Plus 2 X 1 bedroom separately accessed granny flats
-Ideal for extended family, shared accommodation or rental income
-Multiple private entrances and patio areas
-Each granny flat has separate wiring with internal electricity meters for easier power sharing
-NBN installed and accessible to all living areas
-Plenty of scope to further improve and increase returns

The property currently returns approximately $650 per week from the 2 guest flats, with excellent potential to increase income through further improvements or reconfiguration if required.

A rare opportunity offering strong cash flow, multiple living options and outstanding future potential all in one property.

**Under QLD legislation no price guide can be given with an Auction campaign however the property may be filtered into a price bracket online for functionality purposes.

Features

Share House/Board House

Details

Address 3 Olive Street, Manoora
Price AUCTION | On Site 30th May
Property Type Residential
Property ID 2077
Category House
Land Area 1,090m2
Floor Area 380m2

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Karl Latham

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Andrea Rolley

0458 987 794

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