1 Rainbow Street

Deception Bay QLD 4508

Discover the potential of 1 Rainbow Street, Deception Bay. This established lowset residence, situated on a 598sqm corner site, presents an excellent opportunity for those seeking a coastal getaway, a valuable addition to their investment portfolio, or a home with scope for personalised renovation.The property features three bedrooms, one bathroom, and a single car space. The combined kitchen and dining area offers great functionality with an easy-clean electric cooktop, under- bench oven, dishwasher, dual bowl sink, and ample bench and storage space, enhanced by a servery to the living room.Each of the bedrooms is carpeted and equipped with ceiling fans for comfort. The updated bathroom includes a shower-over-bathtub arrangement, a vanity with storage, and floor-to- ceiling tiles.Both the family room and the air-conditioned living room provide access to the patio, while a separate studio offers flexibility for a home-based business.For outdoor enjoyment, there is a large, covered entertaining area complete with a fireplace, plus a charming firepit zone in the backyard to roast marshmallows or gather around with a drink and chat.Additional features include split system air conditioning, security screens, a fully fenced yard with a garden shed, and a rainwater tank and solar electricity system. The property sits within the Deception Bay North State School and Deception Bay State High School catchment. Occupants will appreciate the convenient access to bus stops and local parks within walking distance. The waterfront is located just 1.2km away, with Market Square Deception Bay situated 2.7km from the property. For those commuting to the city, Brisbane CBD is approximately 41km away.This property presents a compelling investment opportunity due to its location within a desirable seaside suburb, coupled with its potential for immediate rental income or future capital growth through renovation. The generous block size and existing features, such as the studio and outdoor entertaining area, further enhance its appeal to a broad range of tenants or future buyers.Contact the Ange Hill Team today on 0400 457 964 to arrange an inspection.Features you'll love: 3 bed, 1 bath, 1 car 598m2 Lowset house on corner site Kitchen/dining: easy-clean electric cooktop, under-bench oven, dishwasher, dual bowl sink, ample bench and storage space, servery to living room Bedrooms: carpeted, with ceiling fans Bathroom: shower-over-bathtub, vanity with storage, floor-to-ceiling tiles Family room and air-conditioned living rooms open to patio Studio for home-based business Large, covered outdoor entertaining area with fireplace Split system aircon Security screens Fully fenced yard with garden shed and firepit zone Solar electricity systemLocation: State school catchment: Deception Bay North SS and Deception Bay SHS Walk to bus stops, parks 1.2km to the waterfront 2.7km to Market Square Deception Bay 41km to Brisbane CBDDisclaimer: This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering