Maroochydore 38 Oogar Street

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. Likewise, it is a fabulous opportunity for tradies/builders to transform and on-sell for profit.

Located on the south-eastern side of Maroochydore, bordering Alexandra Headland; all Alex amenities are within walking distance – it is approximately a 20-minute walk to beach, or a 3-minute drive. Maroochydore's many major amenities are quickly and easily accessed, and Mooloolaba is just a short drive down the road.

Tightly-held since the late 1990's – this is the first time offered to the market since. This is a winning opportunity for the successful purchaser on or before the Auction.you cannot lose in this sought-after lifestyle location!

Lowset Brick And Tile Classic, Circa 1980 On Flat 567m2Solid 3 Bedrooms, 1-Bathroom, Combined Living/DiningRear-Covered Alfresco Patio, Bore Water Supply, Double GaragePotential To Property-Flip Through Renovation/ExtensionBuilders May Do A Complete Rebuild On-Site For ProfitInvestors Could Do Basic Renovation – Rent Out & LandbankWalking Distance To Beaches, Cafes, Parks, Bars, Local ShopsSought-After Residential Pocket Bordering Alexandra Headland

Property Information

• Land area approx 567sqm

Property Features

• Garages 2