150 Santa Monica Drive, Augustine Heights, QLD 4300

Set​ ​on​ ​a​ ​generous​ ​701​ ​m²​ ​block​ ​in​ ​one​ ​of​ ​Augustine​ ​Heights'​ ​most​ ​desirable​ ​streets,​ ​this​ ​property​ ​presents​ ​a​ ​rare​ ​chance​ ​for​ ​those​ ​prepared​ ​to​ ​take​ ​on​ ​a​ ​significant​ ​project.​ ​Offering​ ​four​ ​bedrooms,​ ​two​ ​bathrooms,​ ​a​ ​media​ ​room​ ​and​ ​approximately​ ​225​ ​m²​ ​of​ ​internal​ ​space,​ ​this​ ​home​ ​provides​ ​the​ ​size​ ​and​ ​location​ ​many​ ​buyers​ ​seek,​ ​but​ ​it​ ​also​ ​requires​ ​major​ ​renovation​ ​and​ ​structural​ ​repair.

This​ ​is​ ​an​ ​ideal​ ​opportunity​ ​for​ ​experienced​ ​renovators,​ ​builders​ ​or​ ​investors​ ​who​ ​understand​ ​the​ ​process​ ​of​ ​underpinning,​ ​foundation​ ​rectification​ ​and​ ​full-scale​ ​refurbishment.

Key​ ​Features

•​ ​Four​ ​bedrooms
•​ ​Two​ ​bathrooms​ ​plus​ ​three​ ​toilets,​ ​including​ ​ensuite
•​ ​Media​ ​room
•​ ​701​ ​m²​ ​block
•​ ​Approx.​ ​225​ ​m²​ ​internal​ ​floor​ ​area
•​ ​Solar​ ​hot​ ​water​ ​system
•​ ​Open​ ​plan​ ​kitchen
•​ ​Water​ ​tank
•​ ​Air​ ​conditioning​ ​in​ ​the​ ​master​ ​and​ ​lounge​ ​plus​ ​fans​ ​throughout

Important​ ​Note​ ​-​ ​Significant​ ​Works​ ​Required

This​ ​property​ ​has​ ​been​ ​affected​ ​by​ ​subsidence,​ ​resulting​ ​in​ ​slab​ ​movement​ ​and​ ​structural​ ​issues.​ ​It​ ​will​ ​require​ ​substantial​ ​underpinning,​ ​stabilisation​ ​works​ ​and​ ​major​ ​internal​ ​renovation.​ ​Buyers​ ​should​ ​be​ ​prepared​ ​for​ ​extensive​ ​rectification​ ​and​ ​rebuilding.

For​ ​those​ ​with​ ​the​ ​expertise​ ​and​ ​capability,​ ​the​ ​upside​ ​is​ ​considerable.​ ​Homes​ ​of​ ​this​ ​size,​ ​in​ ​this​ ​premium​ ​location,​ ​rarely​ ​come​ ​to​ ​market​ ​at​ ​such​ ​an​ ​accessible​ ​price​ ​point.​ ​Once​ ​restored,​ ​the​ ​property​ ​has​ ​strong​ ​potential​ ​for​ ​excellent​ ​capital​ ​growth​ ​or​ ​long-term​ ​value.

Whether​ ​you​ ​choose​ ​to​ ​fully​ ​renovate,​ ​redesign​ ​the​ ​layout​ ​or​ ​undertake​ ​a​ ​complete​ ​transformation,​ ​this​ ​is​ ​an​ ​opportunity​ ​to​ ​create​ ​a​ ​high-value​ ​family​ ​home​ ​in​ ​an​ ​established,​ ​highly​ ​sought-after​ ​suburb.

A​ ​Serious​ ​Project​ ​with​ ​Serious​ ​Potential

If​ ​you​ ​have​ ​the​ ​vision,​ ​skillset​ ​and​ ​resources​ ​to​ ​take​ ​on​ ​a​ ​major​ ​renovation,​ ​this​ ​property​ ​offers​ ​an​ ​exciting​ ​blank​ ​canvas.​ ​The​ ​block​ ​size,​ ​layout​ ​and​ ​location​ ​provide​ ​outstanding​ ​scope​ ​for​ ​improvement.

This​ ​property​ ​will​ ​be​ ​sold​ ​strictly​ ​on​ ​an​ ​"AS​ ​IS​ ​WHERE​ ​IS"​ ​basis.

Enquire​ ​today​ ​to​ ​explore​ ​what's​ ​possible​ ​with​ ​this​ ​rare​ ​renovation​ ​project.

*DISCLAIMER*​ ​Whilst​ ​every​ ​care​ ​is​ ​taken​ ​in​ ​the​ ​preparation​ ​of​ ​the​ ​information​ ​contained​ ​in​ ​this​ ​marketing.​ ​Ray​ ​White​ ​Forest​ ​Lake​ ​will​ ​not​ ​be​ ​held​ ​liable​ ​for​ ​any​ ​errors​ ​in​ ​typing​ ​or​ ​information.​ ​All​ ​interested​ ​parties​ ​should​ ​rely​ ​upon​ ​their​ ​own​ ​enquiries​ ​in​ ​order​ ​to​ ​determine​ ​whether​ ​or​ ​not​ ​this​ ​information​ ​is​ ​in​ ​fact​ ​accurate.