11 Peterson Street, Woolloongabba QLD 4102

Situated within the prime 'Gabba Hill' locale of Woolloongabba, sits two character Queenslander's, each afforded their own street frontage on a combined 810m2 elevated allotment (11 Peterson St & 14 Longwood St). The ideal location, these properties are positioned in quiet suburban streets only 3km to the CBD and minutes away from the PA, Mater and The Queensland Children's (previously Lady Cilento) hospitals. A plethora of amenities are also close at hand including shops, cafes, restaurants and public transport. For families, the properties fall within the Dutton Park Primary and Brisbane State High School catchments.

ABOUT THE PROPERTIES

Each of the circa 1920's Queenslanders contain three bedrooms, one bathroom and have preserved many of their period features including VJ walls, picture rails and timber floors. Mostly in original condition, both properties provide an opportunity for renovation and restoration.

THE OPPORTUNITY

With two street frontages running along Peterson and Longwood street, the 810m2 allotment currently consists of two separate lots running North to South. This current configuration of the lots does not allow for each property to be separately titled. There is however, an option for future re-alignment (S.T.C.A) of the lots to an East/West division, allowing the two homes to be sold off separately if required. Another viable option could see easements drawn up over the encroaching dwelling to clarify such matters.

Lastly, there is the prime opportunity to purchase and leave the alignment as is for the purpose of holding the properties as great investments or living in one and renting the other out as an Airbnb for some extra income.

Offering an abundance of opportunity with a multitude of options, these properties situated in a prime location close to every conceivable amenity including shops, hospitals and transport is waiting for someone with a vision to the future prospects it provides.