STUNNING BEACHSIDE HOME, 100M TO THE BAY + INCOME of $65,000 pa +

14 Margaret Street, Scarborough, 4020

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Contact for PriceFor Sale
  • Ownership Type House
  • Property Area 463 sqft
  • Bedrooms 6
  • Bathrooms 6
  • Furnished No
  • Last Updated 6th Nov, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 4
  • Open Spaces: 1
  • Toilets: 7

Property Overview

Here is your opportunity to live in a beautiful location and run a small business from your dream home! Generating a fabulous income with loads of opportunity to increase or decrease should you decide. Ideally located just a hop, skip and jump from beautiful Queens Beach and the shores of Moreton Bay. <br/>This stunning home enjoys scenic Moreton Bay vistas all the way to Moreton Island and captures fabulous cooling breezes from the extra-large entertainer's balcony. Cleverly spread across 3 levels, and with a majority of living upstairs allowing full privacy from the rest of the property so you can spend your time appreciating its stunning location. All levels boast high ceilings, stunning timber flooring on levels 2 & 3 and offer a wide variety of functionality, opportunity and practical living spaces. The entire property has been constructed with a great level of thought and extreme attention to detail providing excellent quality and comfort for its owners. <br/><br/>GROUND FLOOR - Kitchenette, extra-large media room (could easily be converted into another B&B room), hobby room and huge garage with an abundance of storage and workspace with separate entrance and bathroom. <br/><br/>1st FLOOR - boasts 2 large & spacious Bed & Breakfast rooms. Both rooms are beautifully presented and very spacious, light and airy throughout. <br/>Bedroom 1 - Large Queen room with private ensuite, kitchenette facilities & access to balcony<br/>Bedroom 2 - Large twin room with private ensuite and kitchenette facilities<br/>These gorgeous self-contained rooms generate an excellent income for the current owners in excess of $38,000 pa. The rooms are currently rented out several times a week on a nightly basis (2 night minimum) with plenty of referral and repeat business. The owners dictate the times these are available. <br/>This level also incorporates a stunning north facing balcony for guests to relax and enjoy as well as a private office for the owners use. <br/><br/>2nd FLOOR - This level truly is the owners sanctuary, with stylish open plan living, an abundance of glass features and leads out to an incredible entertainers balcony with a glorious outlook. The large master suite will also impress with modern private ensuite, complete with spa bath and expansive walk-in-robe. <br/>This level could also offer more opportunity for an extra B&B room with self-contained attributes to increase rental returns for the new owners if desired. <br/>The property surrounds are perfectly maintained throughout with characterised aspects and a nod to functionality and sustainability.<br/><br/>SEPARATE 2 x 1 BEDROOM FLATS - Both of these flats have been exceptionally maintained and are presented beautifully by both tenants. With tiled floors throughout, modern kitchens and proportional spaces. Both properties are light, bright and breezy with not a cent to spend on either and an absolute pleasure to inspect. <br/>Both properties are rented to excellent long-term tenants that would love to stay on. However should the new owners decide, these properties could also be rented out on a temporary/holiday basis boosting the current rental returns considerably. <br/><br/>The list of extra attributes is very impressive and available for viewing, please contact me anytime for further information. <br/>The owners have purpose built this property to suit a highly functional and sustainable lifestyle providing an abundance of financial flexibility should you wish to increase or decrease the income, depending on personal preferences. The home itself can be easily returned to a fully conventional state for the new owners should they wish to just retain the 2 flats as their main source of income or new rooms can be simply incorporated with some very minor changes to enhance the income dramatically. <br/><br/>An inspection of this property is highly recommended in order to be able to appreciate the scale what is being offered. <br/><br/>ABOUT THE LOCATION:-<br/>100m to beautiful Moreton Bay and Queens Beach<br/>200m to local restaurant and café<br/>600m to private primary and higher school<br/>700m to Public primary school<br/>1km to Scarborough café and restaurant hub <br/>1.3m to public high school <br/>2km to Redcliffe café and restaurant hub<br/>3km to Kippa-ring Shopping Centre<br/>3.2km to Kippa-ring Rail Station<br/><br/>Contact Stephanie Williams on 0419 030 883 anytime to discuss this incredible opportunity further. <br/><br/><br/><br/><br/><br/>All measurements are approximate<br/>

Location on Google Map

14 Margaret Street, Scarborough, 4020

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