Information Memorandum (IM) available - Text "IMLUDLOW" to 0438 785 148.
For the first time in 76 years, 10-12 Ludlow Street, Gaythorne, is on the market, presenting an extraordinary development opportunity. This expansive 910sqm property, set across two lots, is located in one of Gaythorne's most desirable streets and offers endless potential for investors, developers, or homeowners alike.
Key Development Options:
- Design an iconic masterpiece by restoring the original Queenslander or building a contemporary home on the full 910sqm.
- Construct two modern homes, each on a 455sqm block.
- Develop one new home while retaining or land banking the second lot.
- Relocate and restore the Queenslander to one block and build a second home on the remaining lot.
Property Highlights:
- Land Area: 910sqm across two lots (on a single title).
- Dimensions: 10.1m x 45.1m per lot.
- Post-war Queenslander (1949) that can be renovated, removed, or demolished (STCA).
- Level land with a gentle slope towards the street, making it easy to develop.
- Elevated North-East facing block with potential for fantastic views.
- No character control, flooding, or easements.
Existing Home Features:
- Post-war Queenslander in mostly original condition but neat and tidy.
- Three bedrooms, updated bathroom, and sunroom.
- Underneath has a bathroom, bedroom (not legal height) and plenty of storage space.
- Polished timber floors and air-conditioning.
- Ample under-house storage.
- Rental appraisal: $575-$625 per week.
Prime Location:
Nestled in the leafy and tranquil suburb of Gaythorne, this property offers inner-city convenience just 7km from Brisbane's CBD. Located close to the Enoggera Barracks, Brookside Shopping Centre, Blackwood Street dining precinct, and Gaythorne and Enoggera train stations, the location is perfect for families and professionals alike.
The property is also in proximity to reputable schools, including Mt. Maria College, Hillbrook Anglican School, and Enoggera State School.
This is a once-in-a-lifetime opportunity to secure a versatile and premium parcel of real estate in one of Brisbane's most sought-after locations. Act now to secure your future.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Burton & Ryan Property Agents will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.
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