Location is full of potential
THIS property comprises two 405sq m lots in a prime location with plenty of potential for renovation or redevelopment.
Presently zoned as LMR2 Low – Medium Density Residential (two or three storey), this property is about 6km from the Brisbane CBD in one of Brisbane’s desirable riverside suburbs.
The site is currently occupied by a triple-gabled Queenslander, featuring three bedrooms and one bathroom and finished with interior colours including white, green and an off-pink.
Stairs rise to the front door and entrance foyer, which opens to the central formal lounge.
The central lounge provides access to three bedroom or home office sized rooms, as well as a sunroom on one side, which runs much of the length of the house.
From the central lounge there is also access to the dining room, which shares an openplan space with the galley-style kitchen.
Located between the kitchen and the sunroom is the bathroom, which includes a shower, and the large backyard also features a rotary clothesline.
Underneath the house is plentiful storage space, along with a garage.
While the house could potentially be rented out – or alternatively renovated into a more modern residence – the property’s greatest appeal is likely to be to developers.
Sitting on a large, flat block of land close to the CBD, the property is near retail outlets and local eateries, with the popular Portside dining and entertainment precinct close by as well. The Eagle Farm and Doomben racecourses are also nearby.