Two properties in one!
Restore this Grand old Home to its former glory. This incredible pre-war circa 1920's gem could be a Brisbane Icon in the making, with room for the extended family, on a generous 837SQM block and centrally located to several private and public schools, public transport less than 100m in either direction, and only 5km from the CBD, this could be where you make a statement and breathe life back into this once landmark home.
Features at a glance:
- Huge 837sqm block zoned LMR
- Dual income from the 2 properties
- Elevated position with incredible views to Mount Coo-tha
- Pedestrian access via Kintore Street
- Ample parking
- Multiple living/entertaining/study areas in the main house
- Within walking distance to Schools, shops, cafes and restaurants, Public Transport (both Bus and Train)
- 500m to major supermarket and close to PA and Greenslopes hospitals
With 2 properties on the block, and positioned on one of the Southside's main arterial roads, considerations should be to made to create your landmark home office. Previously occupied as a GP's home/office/surgery and a state franchise office for home/garden services. Now is the time to take the opportunity to expose your business to over 50,000 vehicles a day* that travel this road.
Occupying a large 837sqm block zoned LMR (low to medium residential - 2 or 3 storey mix) with 21m frontage and easy access off Ipswich Road and pedestrian access from Kintore street. Continue to earn rental income while you plan your renovation of you dream home or develop the rear of the block (STCA) taking in the outstanding views to Mount Coo-tha.
Currently available as two separate properties consisting of the original character home which is currently tenanted and with a few changes could be made into a 5 bedroom home suitable for student accommodation, or renovate back to its former glory with leadlight windows and features of the classic Queensland architecture (as evident by the 2008 images provided by the owners). The second dwelling, added to the rear of the existing house, is where you will find the two bed, one bath, open plan lounge/dining fully self-contained flat, with shared parking for several cars on the property and pedestrian access from Kintore street.
If you're looking for a great opportunity with untold potential, this property should not be overlooked. Offered to the market for the first time in decades, this is a once in a lifetime opportunity to secure a highly desirable Annerley address.
For the developer, the large Low to Medium Density Zoned block only 5kms to Brisbane City opens the possibilities for further development of the addition of townhouses or apartments (subject to BCC approval).
In the sought-after suburb of Annerley, this property is within walking distance to local schools, shopping centres, parks, public transport, local cafes, restaurants, PA hospital and more. With public transport at your fingertips you are in easy reach to Universities, the City and more.
Opportunities such as this are few and far between. You will not want to miss out, call now for further information or to arrange an inspection.
Currently tenanted at $380/week (3 bedroom house), the rear property rental appraised at $280/week.
* BCC Key Corridors performance report Jan-June 2016
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