Reno or Demo ready diamond - 886m2 parcel LMR2 zoned land on 2 lots - goldmine redevelopment parcel
Within one of the inner-south's hottest suburbs, just 7.5km from the CBD, and a short stroll from Morningside Central shops, is this character-laden post-war residence on a massive, 886m2 parcel of LMR2 zoned land, encompassing two lots.
With its LMR2 zoning category unlocking potential to remove and make way for a multi-dwelling complex, the options here are genuinely endless. Demolish, explore the option to split and create two new dwellings, add townhouses, units or a combination of both; or, retain what's here, draw inspiration from some of its recently revived luxury neighbours, polish and profit, or call it your kingdom and landbank (STCA).
Highlights:
• 886m2 parcel, approx. 20m frontage x 22m depth
• LMR2 zoned - genuine potential for multi-dwelling redevelopment (STCA)
• Large post-war home w. dual living areas, three beds, leadlight windows
• Retain existing residence & renovate, raise or extend (STCA)
• Remove & split, build one or two new luxury homes (STCA)
• landbank in one of Brisbane's best performing suburbs
• Excellent investment credentials; short stroll from shops
For its proximity and ease of access to the CBD, lifestyle amenity, excellent schools, and family-friendly community, Morningside has long been on everyone's radar, and this particular address is located to take full advantage of all it has to offer.
Close to top-rated schools at CHAC, Sts Peters & Pauls, St Oliver Plunkett's and Lourdes, it's minutes stroll from grocers, gyms, dining, and Morningside Tennis centre, as well as express buses straight into the CBD. Among a string of Brisbane's most talked-about dining hotspots, it's also an easy stroll up to Blue Poppy Caffe Sarmic, and Flour & Chocolate Patisserie, with Hawthorne cafes, Oxford Street, and the exciting Bulimba barracks redevelopment just around the corner.
Rates $812 p.q approx.
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