14 Palermo Street, Morningside QLD 4170

Cul-de-sac charmer with inspiring potential - love it, lease, redevelop, or lift and level up

Centrally located while quiet and peaceful inside, this charm-laden post war residence sits within just 5km radius of the Brisbane CBD, on an extremely usable LMR2-zoned 620m2 parcel, right at the end of a cul-de-sac. Not only is the redevelopment potential of this property immense, but it's a cracking opportunity for first-time buyers looking to gain a foothold in Morningside; it's in comfortable order to be leased out or enjoyed straight away, lending the option to update in your own time or land bank, profit, and move up the real estate ladder.

Highlights:
• Near-perfect North aspect, elevated single level living
• Easy options to raise, add a pool or extend into the deep yard (STCA)
• LMR2 zoning with potential to explore multiple dwellings
• Three bedroom layout with air con, timber floors
• Extremely quiet end of cul-de-sac location
• Full floor of garage/storage on ground level

It's less than 10 minutes stroll from Blue Poppy café, Morningside train station, and CBD buses, with immediate access to the Morningside Village dining hub and the famed Flour and Chocolate Patisserie. It's moments to Morningside Central shops, gateway motorway links, and great schools like St Oliver Plunkett's, St Peter and Paul's, CHAC, and Lourdes Hill, plus its proximity to Hawthorne, Bulimba, and the proposed Barracks precinct make it a compelling candidate for investment.

Rates $743 p/q approx