51 Greenacre Drive, Parkwood QLD 4214

This property offers a unique and versatile opportunity on a generous 655sqm block in one of Parkwood's highly connected streets. Its dual-residence setup includes a main house in need of renovation and a fully self-contained granny flat, bringing flexible living options and immediate rental potential.

The main house, featuring two bedrooms and a bathroom, awaits transformation, allowing buyers to add value through thoughtful restoration. Meanwhile, the converted garage functions as a separate residence with one bedroom, bathroom, kitchenette, and laundry, ideal for extended family or as a rental income to support mortgage costs.

For developers and investors, the property presents the possibility to explore duplex development subject to council approval, capitalizing on the established neighborhood where duplexes already exist. Its location enhances appeal, being a short walk to the Parkwood Light Rail Station connecting to Helensvale train station, Southport, and Broadbeach. Additionally, proximity to Gold Coast University Hospital, Griffith University, local shops, golf course, and parks makes it convenient for various lifestyle needs.

This property is especially suited for renovators, builders, and developers seeking a project with significant potential in an established suburb with excellent transport and amenity access. The surrounding neighborhood's stability and accessibility further add to the long-term prospects for a family home or income-generating asset.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.