97 Midgen Street

Kooringal QLD 4025

Located at the northern end of the Kooringal township, the property is completely private, overlooking beautiful Melaleuca bushland. Generally the only passing cars you will see are people who are lost. Almost as good as the house, is the shed. 10.7m x 7m. The shed is a work of art. Originally the "Hawkins' General Store", back in the early days of the settlement, it now serves as a great spot to tinker with your fishing tackle, store your crab pots and play 'ping-pong' with the kids. It also has a laundry and toilet.

If you do the math on this one, there is no way in the world you would put this package together again for less than $1,350,000. As part of your due diligence, we encourage you to have your builder look over the property and quote you the replacement cost of the improvements. The last vacant freehold block of land to sell on Moreton was on the 08 May 2023 at Bulwer for $1.110,000.

Brisbane City Council rates are approx $550 per quarter. Your other expense is gas for the stovetop, oven and hot water. We also have high-speed unlimited broadband via a "Starlink" satellite dish on the roof, which costs $139 per month.

We usually arrive by boat, timing our arrival with the high tide, as there is a fantastic anchorage straight in front of the house. If it is just my wife and myself and we are only coming over for a night or two, we just bring the jet ski. It's all too easy and so much fun.

The property is also a growing accommodation business "Moreton Escape" and the sale includes the web page if you would like to continue down that road. Look it up on the internet - moretonescape.com. The property made $23,700 in the two months from 1 December 2022 to the end of January 2023. A profit and loss statement can be made available.

We are only selling because our kid's sports, schooling and our own careers are taking us away. But it's not without regret, as we know with the forcasted population growth into South-East Queensland and the 2032 Brisbane Olympics just around the corner, isolated havens like Kooringal will only become more and more sought after.

If you are looking for a quiet place to get away from it all, then you will love this property. Kooringal also has a fantastic little community, where everybody loves a chat and a cold beer on a hot day. The gutter bar for lunchtime fish & chips is an absolute must do. Almost as good as 'sundowners' around a beach fire, while watching the sun sink slowly in the west, over Brisbane City. It does not get any better.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.