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111 Millwell Road, Maroochydore 1
111 Millwell Road, Maroochydore 2

111 Millwell Rd, Maroochydore, QLD

SOLD for $428,000

3 1 1

Duplex Splitter Block Potential - Money Making Opportunity

Positioned in Maroochydore's main growth suburb.

Boasting a large 806 M2 piece of prime land with development potential and massive upside.

Very solid low set brick home in excellent condition ready to add value. Freshly painted, has new carpet and the bathroom recently having been renovated. Spacious open plan with good sized kitchen.

This property has options to hold long term growth.

Perfect for a first home buyer, potential to split into a duplex - retain the existing home and build a new one at the back subject to council approval.

This home will also suit buyers looking to downsize, wanting land with side access and room for a shed.

The home was recently rented for $430.00 per week.

An opportunity also exists to build a relocatable granny flat on the land and increase the rent providing you with a yield of approx. 7% if both properties are rented. Or live in one and rent the other.
If you are looking for an excellent investment for well under $450,000 - Don't miss this opportunity.

This is a rare opportunity to buy a property with this type of potential. Phone to arrange an inspection.

All offers will be considered..........

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Details

Address 111 Millwell Rd, Maroochydore, QLD
Price SOLD for $428,000
Property Type residential
Property ID 100531

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Duplex Splitter Block Potential - Money Making Opportunity
111 Millwell Rd
Maroochydore QLD 4558
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