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7 Phoenix Avenue
Bongaree, QLD 4507
Offers Over $900,000
Overview
7 Phoenix Avenue, Bongaree
Positioned in the highly sought-after suburb of Bongaree on the picturesque Bribie Island, this well-maintained house offers a blend of convenience, comfort, and a relaxed coastal lifestyle. The property is ideally located within a quiet area, just a short walk from the island's main shopping centre and the beautiful Pumicestone Passage. This waterfront location is perfect for morning walks, fishing, or simply enjoying the serene atmosphere.
The residence features four spacious bedrooms and two bathrooms, providing ample accommodation for families or those seeking extra space. The home is designed with three separate living areas, offering flexibility and room for everyone to enjoy. Comfort is ensured year-round with air conditioning installed in both the main living area and the master bedroom.
Additional practical features include a single lock-up garage and valuable side access, which provides space for a boat or caravan, catering perfectly to the island lifestyle. The property sits on a 602 square metre block, combining lifestyle appeal with investment potential.
Currently tenanted until February 2027 at $510 per week under a long-term tenancy agreement, this property presents an excellent opportunity for investors. Once the price cap is lifted in February 2027, the market rental value is estimated to be approximately $630 per week. The home is constructed of solid brick with a tile roof, ensuring durability and low maintenance.
This property is an outstanding opportunity in a prime location, priced to sell and unlikely to last long on the market. Note that tenant belongings have been digitally removed for privacy, and virtual furniture has been added for viewing purposes.
Property features include:
- Prime location close to amenities and waterfront
- Four bedrooms providing ample accommodation
- Two bathrooms including an ensuite
- Three separate living areas for family flexibility
- Air conditioning and ceiling fans for comfort
- Single lock-up garage with secure parking
- Side access suitable for boat or caravan storage
- Fully fenced yard offering privacy and security
- Built-in wardrobes in bedrooms
- Investment opportunity with tenants in place
This property offers a complete package for those seeking a comfortable family home or a solid investment in a highly desirable coastal location.
Location
Bongaree QLD 4507
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.