16 Ferndale Street
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About this property
Offered for sale is an opportunity for an astute buyer to capitalise on this property's untapped potential. The property is currently stripped back to floorboards on concrete stumps, wall studs and has a sound roof which was replaced around 10 years ago providing the perfect opportunity for a tradie or handyman to transform into a home to live in, rent out or on-sell. Options may include creating a 2 or 3 bedroom cottage with side access and open plan living leading to a rear deck overlooking Lota Creek, or lift and create a two storey home with potential water glimpses. Another option is to demolish and build a new home. Situated on a 519 m2 block of land backing onto Lota Creek, this property is walking distance to Lota State School, City train station, Lota PCYC, esplanade and plenty of walking and bike riding paths nearby. Don't miss this opportunity for your chance of Bayside living at an entry level price.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 519 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Lota
This 3-bedroom house in Lota, QLD 4179 sits within reach of public transport, local shops and nearby schools. It is listed 33% below the $1.20m median of 60 comparable houseswithin 5 km.
Schools near Lota
- Lota State Schoolprimary · Prep-6 · CoEd
What's nearby
- Lota station, platform 1 (train) — 462 m away
- Lota — 820 m away
- Cox Park — 756 m away
- Unnamed — 1.0 km away
- Unnamed — 1.1 km away
Lota at a glance
Full suburb profile- Population
- 3,518
- Median age
- 42
- Household income
- $2,236/wk
- Median rent
- $415/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Lota price trend
Median sold · House 3 bed
Compound growth +6.0% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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