483 Vulture Street East, East Brisbane QLD 4169

Boasting a prime position within Brisbane's fastest growing inner-city locale, this 810sqm, LMR zoned allotment, with dual street frontages, presents a golden lifestyle or development opportunity!

Set on 2 separate lots, the versatile property's existing 4-bedroom home can be repositioned on the block and substantially altered. While the original pre-1911 section of the building must be retained, the post-1911 extensions can be removed, leaving a character-filled home plus huge scope to take advantage of the second street frontage on Kingfisher Lane and further develop the property.

Possibilities include:
-Splitting the block and constructing 2 separate homes*
-Building townhouses or units*
-Land banking it for future growth
- Enjoying the space and liveability of the existing property while working from home with great exposure
Positioned less than 2km from the CBD, the property is a short stroll from Stanley Street cafes, shops and a Coles supermarket, the eclectic boutiques and eateries of Logan Road, the Gabba Cricket Ground and the South East Busway; with exceptional proximity to the Pacific Highway, major hospitals, elite schools including "Churchie" and Somerville House, and the Southbank Parkland with the adjoining Arts and Entertainment precinct.

With Woolloongabba poised to welcome the new $600 million "South City Square" Development from 2017 (encompassing high-rise hotel, restaurants, bars, cinema and diverse retail/amenities), now is the time to secure a place within this flourishing location.

Reside, renovate, land bank or develop*! This property is a "must inspect" and under instructions from our client, will be sold at or before auction.

*Subject to Brisbane City Council Approval

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Council Rates: $750.96 per quarter approx. (excluding water charges)