40 Palm Springs Drive

Calavos QLD 4670

Set on 1.5 acres (6,797m) and fully fenced, this city fringe acreage offers space and privacy and is just a 20-minute drive to the Bundaberg CBD, major shopping and amenities. Additionally, the home is just 10-15 minutes from the stunning Elliot Heads beaches.A low set timber dwelling offering a nice big air-conditioned open-plan lounge room living area, dining and kitchen. Lovely big, modern kitchen featuring an island bench with a built-in breakfast bar. 2 large bedrooms with fans and built-in robes serviced by a lovely modern bathroom. Gorgeous timber flooring.Car accommodation is well covered with a fantastic three-bay shed plus an attached 3 bay carport to the front of the shed.At the rear of the property is a gazebo positioned among established gardens, offering a peaceful outlook over the neighbouring lake. The property also offers a domestic bore, that is unmetered to provide all the water you need to keep your acreage green all year round. A strong investment option, with capital gain potential based on being a city fringe acreage property that is in limited supply and high in demand for owner occupiers. For the investor the property already has a tenant in place on a fixed term lease ending in November 2026, currently $450 per week. With minimal acreage properties available for tenants to rent, the return should increase over time. For the owner occupier, you can provide the tenants notice to vacate by then end of the fixed term lease and wait it out to move in.Save on council rates being self-sufficient with water and sewerage. AT A GLANCELANDSize: 1.5 acres (6797m2)Town water: No - large rainwater tank for the home.Town sewerage: No - self-sufficient sewage system.Bore- Unmetered- domestic bore water to keep your acreage green. Council Rates: $950 per half year approx (significant saving due to being self-sufficient with water and sewage).DWELLING2 bedrooms with fans and built-in robes.Air conditioned open-plan lounge, dining and kitchen.Modern kitchen with island bench and breakfast bar.Modern bathroom.Hardwood timber flooring.SHED 3-bay shed + 3 bay front carport. AlfrescoGazebo overlooking neighbouring lake.Tenants in place on fixed term lease paying $450/wk. ending November 2026.AGENT : TIM MCCOLLUMMOBILE: 0427 523 088The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.