48 Pittwin Road South

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About this property

An extra-wide 787sqm block, zoned medium-density with a three-bed, two-bath residence and a detached, fully self-contained second dwelling as a huge extra bonus - Granny Flat Consisting one bed, one bathroom, kitchen and living area. This one's got opportunity written all over it. Two Residences on the one BLOCK!!! A short, flat stroll to Capalaba Central, and only 650m to Capalaba Park shopping centre, this is an extremely unique dual-key investment, land bank, or redevelopment prospect, which can only benefit from the exciting new mix of commercial, entertainment, and communal spaces planned for Capalaba's $250m dollar town centre redevelopment project. The main residence has also seen a range of recent upgrades, including an updated kitchen, updated lighting throughout, a brand-new roof, and a newly installed Suntech 440w 8kW solar system, adding modern comfort, efficiency, and long-term value to the property. Approach it as a potential goldmine and lease both homes individually, explore live-in lease-out options, or sit on a rock-solid income stream as plans for your project unfold, with this particular zoning opening up potential to demolish and make way for a multi-dwelling complex up to 13 metres in height (STCA). Popular with young couples, retirees, and families of all ages, this is a suburb that attracts serious attention for its centrality to the Brisbane CBD and coastline. Steps from grocers, major retailers, cinemas, bus links, gyms, and parks, this address places all the daily essentials nearby, while also offering super-quick access to the Wynnum/Manly foreshore, Stradbroke and Moreton Island ferries, and leafy nature trails. Also moments from Sleeman Sports, Sirromet Winery, and Howeston Golf Course, it's also got dining options nearby to cater to every craving, with an impressive local selection including one of the nation's top-voted fish and chip restaurants. Highlights: • Invest, live-in lease-out, or redevelop (STCA) • 787sqm parcel, extra wide 33.5m frontage x 23.6 deep (approx.) • Medium Density Residential zone; scope for multiple dwellings, up to 13m height (STCA) • Excellent separation between both homes, allowing them to be leased individually • Three bed, two bath residence with secure garaging • Separate, fully-fenced self-contained second dwelling one bed, one bathroom, kitchen and living area. • Updated kitchen and upgraded lighting throughout the main residence • Brand-new roof to the main residence • Newly installed Suntech 440w 8kW solar system • 3-bed home appraised at $625-675p/week • Second dwelling appraised at $450-500p/week • Combined rental income appraised from $1,075 - $1,175 p/week • Short, level stroll to Capalaba Park, Capalaba Central & $250m town centre redevelopment We welcome your inspection! Call Melissa Brown for private inspections on 0432 176 843. For all other enquiries, contact Melissa Brown. Disclaimer: This property is being sold 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. Disclaimer: We have in preparing this advertisement used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained herein. All information is provided as a convenience to clients.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.