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2 Lower McCormack Street, Bundamba QLD 4304

House31
Block size: 428 m² approx.

Calling All First Home Buyer & Investors! This Bundamba bargain has the goods!

This classically styled period family home sits on a level 428m2 block that is located in the ever popular Bundamba position. It has great bones and more size than you think and with some love and the injection of some capital it has the potential to be transformed into a truly spectacular family home. Best of all it has been realistically priced so you can afford to rejuvenate it and still have the opportunity to have a fully renovated family home for less than $300,000 or alternatively renovate it and sell it off for a profit!  

The existing home has a large eat in kitchen/dining with loads of bench and cupboard space, an air conditioned lounge room plus three oversized bedrooms. You can move straight into it and renovate it at your leisure or rent it out immediately as it has been tenants on a periodic lease currently paying $270 per week.

As previously stated this home already has 3 good sized bedrooms and plenty of living area for the family. Modernise these areas, polish the gorgeous timber floors and give it a lick of paint and you have the potential to significantly increase the value of the property.

Accordingly, this home is perfect for professional renovators, first home owners and downsizers that want a quality home in a quality area as well as investors looking for a rock solid investment with the potential to further develop and thereby increase the value of the home.

This gorgeous family home is only a short drive to services including road and rail transport to Brisbane and Ipswich, Booval Fair Shopping Centre with its own Woolworths and numerous specialty stores as well as the East Ipswich State School, Sacred Heart Private Primary or Ipswich Boys and Girls Grammar Schools, St Edmunds and St Marys Private High School. There is also great proximity to other shops, doctors, dentists, all entertainment and sporting venues.

This property represents an opportunity for astute buyers to buy at a super affordable price and either leave the home as it is and own it for less than what you are currently paying in rent or renovate it and enjoy the benefits or sell it on for a profit!

The home has great street appeal and loads of character and can be adapted to suit your family or investment needs. Be quick to inspect before it is gone!

Most importantly, this bargain priced family home is not only located in a highly sought after position but it is loaded with potential and has been priced to sell quickly at offers over $259,000.

NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba Our Five (5) Great Locations Means We've got Ipswich and its Surrounds Covered!

Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
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Key details

Property Type:House
Lot:42
Plan Type:RP
Plan:22505
Block Size:428 *
Stamp Duty:$6,352*
*These are approximate values based on available information.

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NGU Real Estate Ipswich
  • Dean Stenzel

    NGU Real Estate Ipswich

Maps and area information

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Block information
Block size: 428 (approx)
Legal description: 42/RP22505
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2021.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history
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Suburb and property insights

Median salesMedian sales
 
Average Age
36 years
Population
6,514
Bundamba's Property Profile
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NGU Real Estate Ipswich

NGU Real Estate Ipswich

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Dean StenzelNGU Real Estate Ipswich
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Listing ID: 179196553. This listing has been viewed 1 time. It was first displayed on 09/02/2021 and last updated on 12/04/2021.