29 Beltana St, Lota is a 2 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 951m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Where can you buy two blocks for this price and Invest with absolute confidence for the future in this large 951sqm parcel with an existing two-bedroom home. This is a rare opportunity with potential plus and many options for the astute buyer.
Option 1 Build on each of the two lots, 546sqm and 405sqm *
Option 2 - Build your dream home on this large combined 951sqm Bayside block*
* Options subject to council approval. The existing two-bedroom home is tenanted and provides a secure holding income while you consider your options.
Take advantage of the relaxed coastal lifestyle in one of Brisbane's coveted Bayside locations with all amenities, shopping and the local caf and restaurant scene located close by. It is an easy stroll to Lota State School, Lota train station, Royal Queensland Yacht Squadron, Lota Esplanade with parks and the charming amenity of Bayside walks and cycling.
The potential is obvious when you drive around the neighbourhood. There is an increasing investment in renovating to create higher end homes and properties making this the perfect opportunity to buy now and capitalise before the market literally gets away and becomes unaffordable like so many coastal or Bayside suburbs before it.
Make no mistake, this rare property will be sold at or before auction so do not miss out on the opportunity. Call now for more information.
The size of Lota is approximately 2 square kilometres. It has 12 parks covering nearly 28.1% of total area. The population of Lota in 2011 was 3,254 people. By 2016 the population was 3,248 showing a population decline of 0.2% in the area during that time. The predominant age group in Lota is 40-49 years. Households in Lota are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lota work in a professional occupation. In 2011, 67.9% of the homes in Lota were owner-occupied compared with 71.5% in 2016.
Lota has 1,317 properties. Over the last 5 years, Houses in Lota have seen a 73.31% increase in median value, while Units have seen a 80.12% increase. As at 31 October 2024:
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