‘Prime Graceville Opportunity – First Time Offered in Over 50 Years’ (404m2)
Proudly offered to the market for the first time since 1972, this solid 1970s-built family home presents an exceptional opportunity to secure a foothold in one of Brisbane's most tightly held and sought-after suburbs. Positioned on a flat 404m² block with a sun-drenched north-facing backyard, this is your chance to renovate, extend, or rebuild (STCA) in a premium lifestyle location.
One can enjoy a sun-drenched yard to the front, back and entertain in the alfresco area all seasons of the year and is sure to exceed your expectations, offering great potential to make this one your own.
Full of original charm and built with solid hardwood construction, the home features:
• Three oversized bedrooms with generous proportions
• A spacious kitchen, dining, and light-filled living area
• Large mudroom entry providing added functionality
• A utility/workshop space and double garage downstairs
• North-facing rear yard – bathed in sunlight and perfect for entertaining, garden redesign, or family enjoyment
This home has been lovingly held by the same owner for over five decades. With great bones, natural light, and outstanding potential, it's ready for its next chapter in a family-friendly, amenity-rich locale.
Investor Appeal: Dual Living & Granny Flat Scope (STCA)
For savvy investors, the existing downstairs area—including the double garage and utility space—offers scope to explore the creation of a self-contained layout or dual living configuration (STCA). While further works may be required to meet minimum standards for habitable use, the generous under-house footprint opens up possibilities for those seeking flexibility, multi-generational living, or future income potential.
In addition, Brisbane City Council guidelines currently allow for a secondary dwelling (granny flat) of up to 80m² on lots of this size, provided compliance with setbacks and planning regulations—offering yet another value-add opportunity for the astute buyer.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy and accept no liability for errors or omissions (including but not limited to a property's land size, floor plans, size, building age, and condition). Interested parties should make their own inquiries and seek independent legal advice.
