58 Spowers Street
Bongaree, QLD 4507

Overview

58 Spowers Street, Bongaree

Perfectly positioned in Bongaree's tightly held Red Beach pocket, this character-filled home offers a rare opportunity to secure flexibility, potential, and lifestyle in a location consistently in high demand. Just moments from the shoreline, walking paths, and peaceful coastal surrounds, this address is highly sought after and rarely vacated by buyers.

Set on a single title, the property comprises two fully self-contained residences, each featuring its own kitchen, bathroom, living area, laundry, and private access. This setup provides genuine versatility and strong future potential, ideal for accommodating extended family, seeking dual income, or desiring a flexible living arrangement.

In a market where strong rental yields are increasingly difficult to secure, properties offering this level of flexibility and income potential are becoming rare. The ability to generate dual income streams, live in one residence while renting the other, or adapt the layout over time creates a compelling investment case in a location where demand remains consistently high.

The front home showcases soaring dark timber vaulted ceilings, exposed brick features, and a flexible living space currently used as a lounge, all adding warmth and personality. The kitchen is generous in size and centrally positioned, with an adapted layout to create additional space. A renovated bathroom services this part of the home, offering a fresh and functional finish among the character features.

The rear residence continues the same sense of character, complete with its own living and dining area, kitchen, and bathroom. Vaulted ceilings carry through, creating cohesion across both homes. The layout allows each residence to function independently or be connected via an internal access point. A private patio framed by garden surrounds provides a quiet outdoor space, enhancing the appeal of this self-contained residence.

It is important to note there are unfinished and non-standard works throughout the property, requiring further improvement. However, this presents an opportunity for buyers with vision to enhance, reconfigure, or maximize the dual income capability in a location where demand remains strong.

Outdoors, the home is complemented by a private garden setting, separate yard spaces, and two garden sheds. The street presence is modern and fresh, delivering a strong first impression that feels both considered and inviting. Positioned within this quiet, established pocket, it offers both privacy and a true sense of place.

Front Residence Features:

• 3-bedroom configuration with an adapted layout
• Renovated bathroom with modern finishes
• Generous kitchen centrally positioned
• Flexible living space currently used as a lounge
• Soaring timber vaulted ceilings and exposed brick features
• Split-system air conditioning to living areas
• Carpeted bedrooms with built-in wardrobes
• Internal access to rear residence, lockable if separated

Rear Residence Features:

• 1-bedroom fully self-contained residence, easily converted back to 2 bedrooms
• Private living and dining area
• Tidy kitchen with a functional layout
• Two-way bathroom
• Split-system air conditioning
• Vaulted ceilings continuing the character feel
• Private patio with garden surrounds
• Separate access for independent living

Homes in the Red Beach pocket are tightly held, and opportunities like this, offering two residences on one title, are rarely available. Buyers will need to bring creativity, but the potential upside is clear.

Open to offers prior to auction, with the property scheduled to be sold at auction if not sold beforehand.

Location