159 Taringa Parade, Indooroopilly QLD 4068

This well-loved family home comes to market for the first time in 33 years and is now ready for the next generation to enjoy its premier location and endearing charm. Perched commandingly on an elevated 551m2 corner block with 20 & 18 metre frontages, this property presents to market a fantastic opportunity to put your stamp in the ever growing, leafy and tree lined pocket of Indooroopilly. Graced with the benefit of being located only 6km (approx.) to Brisbanes CBD you will enjoy all the benefits of the idyllic suburban lifestyle yet boasting immediate connectivity to major infrastructure.Nestled nicely in the centre of the block and embracing a large, private backyard the existing home is of sound timber construction featuring 3 spacious and light filled bedrooms, 1 bathroom and combined lounge/dining with additional sitting room and lockup 1 car garage and storage underneath.Offering great bones with beautiful hardwood timber floors, terracotta tiled roof and ornate ceilings throughout, there is so much scope to add-value. Your options include Option 1. - Retain character through renovation and restoration of the existing home.Option 2. - Ride the capital growth escalator by land banking and reap strong rental yields.Option 3. - Remove to design and build your dream residence.This is an incredible opportunity to secure a fantastic piece of real estate in the established community of Indooroopilly/Taringa. Surrounded by character homes and situated on a flood free, elevated and gently sloping block this property will attract an astute buyer with a clear vision ready to explore the possibilities of this fantastic proposition.Now is the opportune time to make your move on this key acquisition. Either way you will love this quiet location nearby lifestyle community hubs of Indooroopilly, Taringa and Toowong at your doorstep. Close to all major amenities including Indooroopilly Shopping Centre, popular trendy suburban cafes, parks, restaurants, specialty stores, the location of this home is highly sought after.Ease of connectivity by both bus and rail commute only 6kms to Brisbanes CBD, key school catchments as well as top performing schools such as St Peters Lutheran, Brisbane Boys College, Somerville House, Ambrose Treacy College, Indooroopilly Primary and State Schools. Dont miss your opportunity to secure this gem in the heart of Indooroopilly.