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38 Outram Street, Lota QLD 4179

224
868

Dual Lots Means Endless Opportunities

Sold $955,000

Sold at Auction.

 

If you’re looking for a property that affords you with multiple options, this exquisite home sitting on 868m2 of land could hold the answer. Spanning over two lots, it’s a prime development opportunity for the savvy investor. It also has an exquisite, feature-rich existing home, ready for the design-conscious, space-loving family to move into.

 

Owner occupiers and investors will be able to see the potential in this property. The potential options you can choose from include:

  • Moving into the existing home.
  • Keep the existing home as an investment to land bank.
  • Taking advantage of the large block to add onto the current home.
  • Starting again and building two homes next to each other.

 

If you chose to keep the existing home, you’ll love the quaint, timber-driven aesthetics with soaring generous spaces and a commitment to stylish finishes, the existing home strives for chic liveability. And oh boy, does it succeed. From front to rear it resonates with a uniquely comfortable style, while never compromising on functionality.

 

Upon arrival, you’ll notice the bold façade embodies the nostalgia-inducing style of the Queenslander. It’s framed by a well-tended and fenced front yard, and there’s dual frontage on both Outram and Bowering. A sturdy fence borders Bowering, with double gate access to complement the front access leading into the dual tandem carport.

 

On the lower level an expansive rumpus room flows into an office space. This multi-functional area is supported by a bathroom with toilet, vanity and shower, plus there’s a laundry and plenty of dedicated storage space, including a storage room with double door access.

 

An external staircase leads to the upper level, where a delightful, tiled entry hall invites you in. Inside, towering high ceilings, timber floors and an abundance of natural light make you feel instantly at home. The upper level incorporates open plan living and dining area that seamlessly flows into the gourmet kitchen.

 

Entertainers will love the wide range of appliances on offer and the masses of bench and cabinet space too. An external balcony overlooks the flat back yard, an ideal spot for enjoying some peace and quiet. The two generous bedrooms both have built-in-robes and are complemented by a sleep out area that could be used as a study too. Adjoining this is the main bathroom, with shower, toilet and vanity.

 

In the large back yard you’ll find a 6 by 9-metre shed and garage. With three phase power, it’s a really handy workshop space and can be accessed via Bowering Street.

 

As a bayside location, this one is hard to beat. Consider these benefits:

  • Proudly sitting in the Lota State School and Wynnum State High School Catchment Areas.
  • You’re 200-metres from the waterfront, Lota Reserve and the Moreton Bay foreshore esplanade.
  • It’s only 1.4km to the Manly boat harbour, marinas and the Royal Queensland Yacht Squadron.
  • The Redlands and Manly Olympic venues are nearby.
  • There are multiple walking trails nearby, including the Lota boardwalk, parklands and the esplanade that leads all the way to Wynnum North.
  • It’s a short walk to the vibrant Manly Village, where you’ll find award-winning restaurants and cafes.
  • Brisbane CBD is 25-minutes’ drive away.
  • The train station is within walking distance, taking you direct to the city. There are plenty of bus routes nearby too.

 

This is a remarkable opportunity to either develop or move in. It won’t be around for long, so please get in touch with The Henry Wong Team® as soon as possible.

 

Disclaimer:

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information.

 

Property Features
Henry Wong
Lead Strategist
0412 471 588
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