495 Pine Ridge Road, Runaway Bay

A house in 4/RP113734 Runaway Bay QLD. Estimated value at this time is $615,000. Constructed in 1960, featuring 4 bedrooms, 2 bathrooms.

ABOUT THE PROPERTY

Bedrooms
4
Bathrooms
2
Car spaces
2
Land size
693 m2
Building size
128 m2
Council area
Gold Coast City - Gold Coast
Year built
1960
Lot plan
4/RP113734 Runaway Bay QLD
House type
House



HISTORY

Last sold 31/08/2017
$545,000



LISTING DESCRIPTION
as of November 2017

EXCITING OPPORTUNITY AWAITS Cosy Family Home Positioned on RD3 Land (Res B) Large Block Ripe for DevelopmentThis new to the market property presents itself as a lucrative opportunity for its various attributes and applications as set out below:This solid timber home suits a growing family and offers an abundance of outdoor and indoor living with: Four bedrooms and two bathrooms Two living areas with polished timber floors offering a warm ambience throughout Spacious kitchen with quality appliances Ample off-street parking and huge backyard Ceiling fans and air-conditioning to keep the place cool throughout the summerThis property contains all the hallmarks of a comfortable and cosy home which sits on a large 693m2 block of land which will achieve huge capital growth in years to come so secure your financial future now!The land component of this property allows for further opportunities which are subject to council approval including but not limited to: Building a granny flat out the back - subject to council approval Redevelopment - land is zoned RD3 (1 dwelling per 250m2) - subject to council approval The property as it stands now would rent for approx. $500/week presenting a great landbank opportunity with good cashflowLocated in Runaway Bay and close to Harbour Town, Runaway Bay Shopping Centre, walking distance to public transport, easy access to the M1 and sits within a popular school catchment these are just some of the benefits.In summary this properties potential is only limited to ones imagination and will not last long on the market so please do not hesitate to book an inspection!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 only.