38 Oogar Street Maroochydore, 4558 QLD
Beach Location – Needs Work & Tlc.
This lowset brick and tile classic on a flat 567m2 block, is ready for renovation or rebuild in a PRIME location within walking distance to beaches, surf clubs, cafes, bars, parks, and local shops.
A basic single-level home, circa 1980, it is complete with three bedrooms, one bathroom, combined lounge and dining, central kitchen, covered rear patio, separate laundry, and double lock up garage plus onsite parking.
Existing features include air-conditioning in Master Bedroom, fans, security screens, external and lock-up garden shed; clearly the home can benefit from updating and modernising, and there is potential to extend or rebuild.
You do not have to worry about overcapitalising, as this is a coveted residential pocket that is always in high demand – many older-style homes such as this have been tastefully renovated/extended or demolished with a contemporary lifestyle home built on site.
This is the perfect buy for a land-banker who can invest in a basic, cost-effective renovation to the home and generate a rental income for the time being and on-sell for attractive capital gain in the future.
Sold $1,128,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Rob Whiting