14A & 14B/14 Timari Avenue, Bellara

Bellara on beautiful Bribie Island is standing tall in the property growth market, so don’t miss this rare opportunity to secure a coastal income producing property in a fantastic location with an established rental return and impeccable tenants.

Introducing 14 Timari Avenue, Bellara, where you will find two detached dwellings (14a & 14b) on the one property, approved as Category F2 (Multi Residential Dwelling) by Moreton Bay City Council.

Both houses are poised for a rent increase to a potential combined of $940 per week (see below details for last rent increase dates).  

Buy as a lucrative investment or occupy yourself and enjoy the space for grandparents or teenagers to have their own retreat and independence. Such a versatile property!

PROPERTY OVERVIEW:

14A Timari Avenue:

• 2 bedroom house with one bathroom
• Open plan kitchen with the breakfast benchtop and ample cupboard space
• Good sized living area with high ceilings, ceiling fan and direct access to the yard area
• Master bedroom with a ceiling fan and built-in-robe
• Bathroom includes shower with the separate toilet
• Good sized second bedroom with ceiling fan and air-conditioning
• Internal Laundry
• Covered Carport suitable for 2 cars
• Currently rented at $450.00 per week on periodic lease (last rent increase 30/03/2024)
• New Rental Appraisal $480 - $520 per week

14B Timari Avenue:

• 1 bedroom house with one bathroom
• Open plan kitchen with ample cupboard space and pantry
• 3X3 Shed perfect for the storage
• Spacious living area with ceiling fan and air-conditioning
• Bedroom with the built-in-robe and ceiling fan
• Bathroom including shower with the separate toilet
• Currently rented at $350.00 per week on periodic lease (last rent increase 16/04/2024)
• New Rental Appraisal $400 - $420 per week

Potential combined rent return: $940 per week

LOCATION:

Short Distance To:

• Bribie Island State School
• Sylvan Beach & Woorim Beach
• Banksia Beach & Bongaree
• IGA
• Woolworths Banksia Beach & Bongaree
• ALDI
• Clayton Park & Crest Park
• Bribie Island RSL Club
• Bribie Island Medical Centres
• Bribie Island Satellite Health Centre 

Driving Distance To:

• Sandstone Point (5 minutes)
• Sandstone Point Hotel (5 minutes)
• Caboolture Hospital (25 minutes)
• M1 for North & South bound commuting (16 minutes)
• Caloundra (45 minutes)
• Brisbane Airport (45 minutes)
• Brisbane CBD (60 minutes)

Bribie Island beckons an outstanding lifestyle, offering an array of amenities right at your fingertips. With a second bridge to Bribie in the planning phase, excellent shopping options and a vast choice of activities, clubs and special interest groups, this is an area to invest in. Embrace the allure of Woorim patrolled surf beach, the magnificent Pumicestone Passage a short walking distance away, and some very special wildlife preservation habitats, not to mention great hotels and clubs for entertainment.  Walk to the waterfront in 5 minutes, take the bus at the stop at the end of the street and drive 2 minutes to launch at the boat ramp.  

With the Sunshine Coast just a 45-minute drive away and the bustling heart of the Brisbane CBD an hour's drive, this property not only promises a great investment proposition, but also keeps you well-connected to major cities.

Bellara has seen an annual growth rate in the property market of approximately 13% in the past 12 months alone. Don't miss the chance to invest in this burgeoning area, poised for even more significant growth in the future.

Inspection by appointment only.  As the property is tenanted, 48 hours notice to inspect is required.

Contact Sally Grant of Wilson And Co Property Professionals on 0425 559 832.

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