Versatile Investment with Immediate Returns

Discover an exceptional investment opportunity at 9 O’Neil Street, Spalding. This property sits on an 809m² block with an impressive 24.2m frontage, presenting versatile potential for a range of storage and lifestyle applications. The standout feature is the excellent side access to the rear of the property, designed to accommodate vehicles, trailers, boats, caravans, or any equipment you might need to store or transport, offering practical functionality for discerning investors.

The residence itself offers three comfortable bedrooms and one bathroom, delivering essential living spaces in a practical layout. However, the true value of this property lies in its expansive backyard. With generous space available for additional development, investors can consider erecting a substantial shed or exploring further enhancements to maximize their return on investment.

Situated on the edge of Spalding, the property benefits from seamless connectivity to Bluff Point shops, the beach, and a full range of local facilities, including schools. Additionally, the property is currently tenanted on a periodic agreement, with a rent increase to $400 per week coming into effect from May 2025. This detail not only ensures immediate income but also enhances its long-term investment appeal, making 9 O’Neil Street a highly attractive prospect for investors.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property ID: 1360439