461 Lower King Road, Lower King

Lower King Opportunity On A Spacious Half An Acre !!!

Large lifestyle lots minutes to city, beaches, schools, shopping and all the necessary conveniences including medical facilities are becoming harder to find. 

This half-acre, R20-zoned property is connected to mains sewerage and offers potential for subdivision or the addition of a second dwelling or granny flat, subject to council approval (STCA). It is well-suited for multi-generational living or housing extended family.

Positioned midway between the rivers and beaches, with easy access to boating via the Oyster Harbour boat ramp, this substantial property offers broad appeal. Recent updates include a renovated bathroom, new flooring and the added benefit of a water filtration system. It will attract lifestyle buyers, tradies, families and keen renovators alike, with plenty of scope to add further value. Inside, the solid brick-and-tile home opens to a spacious sunken lounge with a wood fire. The semi-open dining area connects to a practical kitchen featuring a servery, space for a fridge and freezer, pantry, an updated wall oven, gas cooktop and rangehood. At the rear, a full-width sunroom / games room provides a all year round entertaining space, extra rumpus room or craft room. Built-in storage features throughout the hallway and bedrooms, while the renovated bathroom services the main home there is an added bonus of a well-equipped combined laundry, toilet and shower which provides a handy second bathroom for further convenience.

For the gardeners there is some established fruit trees with scope to add more fruit trees and regenerate the once thriving vegetable garden and chook pen, and enjoy the rewards of fresh produce and lower grocery bills.

Tradies and car enthusiasts will appreciate the impressive four-bay garage workshop, along with additional sheds and lean-to storage areas. 

Behind the garaging is an untapped area offering extra potential. Space for the kids to kick a ball, room to add a granny flat or subdivide for a second dwelling or block subject to council approval, or room to add more sheds and storage area for boats or caravan.

Features:

Outdoor entertainment area, fenced, wood fire, close to school ,level block ,secure parking ,built-in wardrobes ,workshop, water filtration system, updated bathroom, cooking appliances and flooring.

Subdivision potential STCA. 

Facts;

Year Built:1989

Land size: 2024sqm

Zoning: R20

Council Rates: $2,801.14

Water Rate:$1,603.19

Estimated Rental Return: $780pw

NB Rates are approximate and subject to change.