31 View Street, Woody Point, Qld 4019

A RARE BAYSIDE INVESTMENT WITH INCOME TODAY AND POTENTIAL FOR TOMORROW!

This dynamic and exceptionally rare opportunity comes to the market fully tenanted, with all three flats occupied by excellent, well-presented, and exceptionally reliable tenants.

Positioned approximately 200 metres from the beautiful waters of Bramble Bay, this exceptional property comprises a spacious upper-level residence enjoying elevated water views and two self-contained ground-floor flats.

Extensively revamped in recent years and presented to an excellent standard, the property offers the added advantage of relatively low-maintenance ownership, with no body corporate fees.

LIVE IN, INVEST, DEVELOP OR BRING THE FAMILY TOGETHER!

Invest: Retain all three flats and enjoy multiple established rental income streams.

Live in: Make the spacious upper-level residence your home while collecting rent from the two downstairs flats to help offset your mortgage repayments.

Multigenerational living: Enjoy the flexibility of three separate residences, allowing extended family members their own space while remaining close together.

Explore future development: With an impressive 30-metre frontage and an identified Multiple Unit Dwelling Zoning Overlay (Flats), the property offers exciting potential to investigate development up to 12 metres in height, possibly incorporating rooftop gardens to capitalise on the bayside setting, subject to relevant approvals.

PROPERTY HIGHLIGHTS

- Three separate income-producing flats
- Fully tenanted with reliable occupants
- No body corporate fees
- Elevated water views from the upper level
- Extensively revamped and well maintained
- Impressive 30-metre street frontage
- Ample covered and additional off-street parking
- Just a short stroll to Bramble Bay and waterfront parklands
- Rental appraisal available upon request

LOCATION, LIFESTYLE & OPPORTUNITY!

Enjoy easy access to picturesque waterfront walkways, parks, schools, cafés, restaurants and the iconic Belvedere Hotel, all within easy reach.

MAKE NO MISTAKE – OPPORTUNITIES LIKE THIS ARE EXCEPTIONALLY RARE!

Triple-income properties in such desirable bayside locations, particularly those offering this combination of frontage, income and future potential, are becoming increasingly difficult to secure.

THREE FLATS. MULTIPLE OPPORTUNITIES. ONE OUTSTANDING BAYSIDE LOCATION!

Plus, there is more. If adding another income stream or accommodation for extra family is key there is plenty of room to explore the option of adding A "Granny Flat" or other similar style building due to the wide frontage and generous block!

Don't miss your chance to secure this exceptional investment. Enquire today!

(Alternative occupancy arrangements are subject to existing tenancies and applicable requirements. Development potential, including building height and rooftop gardens, is subject to planning controls and relevant approvals)

Some marketing materials include furniture and styling created using AI. They show one possible use of the space and do not necessarily reflect the property as it currently stands. Whilst every care is taken in preparing this marketing, Image Property will not be held liable for any errors in typing or information. Buyers should inspect the property and make their own enquiries to confirm all information.