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261 Meyrick's Road in the gorgeous Sunshine Coast hinterland has an abundance of potential.
Sprawled out over 56 magnificent acres, there is an abundance of wildlife and a spectacular view of Mt Coonowrin and the surrounding Glass House Mountains.
There are three dwellings on the property. The first is a classic three bedroom, one bathroom Queenslander with a rental potential of $400 per week.
The second property would suit a teenage retreat, worker cottage or home office.
The last dwelling is three bedroom, one bathroom with a significant sized shed currently rented for $320 a week.
The combined rental income from this property would reach in excess of $700 per week and would go a long way to paying any mortgage the property might incur.
The real value and potential in the property resides in the fact that a substantial portion has no vegetation covenant on it which would allow you the ability for clearing.
This potential allows itself for farming, a horse stud, raising cattle or just to hold onto it as a land-bank for future generations for when the possibility of subdivision might arise.
If you are a savvy investor looking for your next project or a nature lover wanting to be surrounded by a rich tapestry of wildlife, give me a call so we can discuss some further details.
Additional features include:
- 1920s federation style house - pressed metal ceilings
- Spacious property
- Close to townships yet out in the bush
- Creek on the property
- 2 x sheds including catamaran shed - fits a boat or caravan
- 3 water tanks on the property