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Overview
Investors Delight!
Positioned in a quiet street of Point Lookout, 11 Bimba Street offers a unique opportunity to acquire a versatile, income-generating property located just moments from the vibrant amenities of this coastal town.
Within easy walking distance to Foodworks, local cafés, beautiful beaches, and public transport, the location ensures strong appeal for both permanent residents and short-term visitors. The property is designed with multiple self-contained zones, providing immediate rental income potential with opportunities for further enhancement.
The ground floor includes a private studio featuring an ensuite and its own deck, complemented by an external laundry for convenience. Upstairs, the main level is divided into two self-contained areas. The left side, which has served as the owner's residence for many years, boasts high raked ceilings, a fully equipped kitchen, a bedroom, and a bathroom. This section connects via a spacious deck to a second large self-contained room, which includes its own bathroom and a loft-style storage area.
At the rear of the property, a separate dwelling contains two additional studio-style accommodations. One studio offers a bedroom with ensuite and built-in robe, while the other includes a full kitchen, toilet, and deck. Above these studios, a viewing platform captures the coastal surroundings, providing an elevated space ideal for relaxation or entertaining guests. Additional features include a double garage, with one side enhanced by a mezzanine level for extra storage or functional use.
With potential, subject to council approval, to reconfigure the layout into up to five one-bedroom studio accommodations, this property represents an exceptional chance to maximize rental returns in a highly sought-after holiday destination.
Whether you are looking for a lifestyle investment, dual living options, or a high-yield asset, this distinctive property delivers on all fronts, combining flexibility, location, and income potential.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Point Lookout QLD 4183
Market Insights for Point Lookout QLD 4183
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