79 Off Lane South Gladstone, QLD 4680

Perched on a 952m2 flat block of Medium density land and Located in a central area of South Gladstone, this fantastic property is oozing so much potential. Walking distance to shops, schools, pubs and restaurants. The current owners had Development approval for 4 x 3 bedroom units , which has since expired but does provide an investor with possible opportunities for expansion and future development , or perhaps a duplex or even a quick tidy up of the home and hold.

The property itself is an oldie, but with good, strong bones you would expect to see in the legendary Queenslander. With three decent sized bedrooms, and the wrap around verandah now turned into a sleepout at some point of the history of the home. You will also find beautiful Timber flooring throughout the home as seen in the kitchen and dining area. The home is high set with a laundry located downstairs and there is also additional storage.

Don't miss out on this fantastic opportunity, the Sellers are very motivated and want their property sold.

• Ideal location and central to school
• Medium Density block - 952m2
• 3 Bedrooms plus a sleep out and 1 bathroom
• Easy side access to the extensive back yard
• Expired Development Application for 4 Units
• Old style Queenslander, high set home

RATES-$4242.25 a year
CURRENT RENT- $340 per week {Periodic lease}
RENTAL APPRAISAL- $350- $370 per week

AUCTION TERMS
• 5% deposit at the Fall of the Hammer
• 30 Day Settlement