3 Oloway Crescent Alexandra Headland, QLD 4572

This basic brick home, currently rented out at $430 per week, is your ticket to future capital gain...renovate, build your dream beach house, or rent out; on 807m2 flat block, this is a potential duplex site, so there are many options here.

Liveable as is', the house is complete with three bedrooms, one bathroom, lounge and dining, covered patio at rear, original retro kitchen, single lock up garage and dual side access to the back yard for a boat or caravan. Features include air-conditioning in the living room, ceiling fans in two bedrooms, plus a garden shed in the fully fenced back yard.

Renovation enthusiasts could really go to town on this home and give the contestants of the popular television program The Block a run for their money...there is a lot of potential to modernise and update, and create a funky beach house, perhaps keeping some of its retro features for appeal.

Developers will be interested in the possibility of building a duplex, in a red hot location, within walking distance to the beach; there aren't many duplexes in Alex, so this would be welcomed by the market. Alternatively, purchase the home just for the position, and build a stylish beach house to either live in or sell.

Alexandra Headland beach is an easy 10 minute walk, and with the busy Sugar Road precinct just around the corner, this could be an ideal position for a home-based business...on such a big block, there's plenty of room for parking.

So many options, so much potential...what an opportunity! Act immediately.

*This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.