This is more than just a property-it's a rare, future-proofed opportunity nestled in one of Brisbane's most tightly held and prestigious suburbs. With the heavy lifting already complete-including Development Approval for subdivision and a fully relocated character home-this 810sqm blue-chip proposition offers instant holding income, remarkable renovation potential, and exceptional scope for future development.
Perfectly positioned for investors, developers, or creative renovators, this site presents an incredibly versatile proposition with the potential for strong capital uplift in an area known for its long-term growth and consistent demand.
The approved Development Application sets the foundation for a 1 into 2 subdivision. The charming character home has already been repositioned onto the front lot and stumped at legal height, allowing for future build-in underneath. With ample space at the rear, you have the option to sell the newly created block, build a second residence, or even explore dual townhouse development (STCA).
The home itself is a renovator's dream, proudly perched in its new location with key structural updates already complete. Internally, the house features two generous bedrooms, and a study currently utilised as a third bedroom, with simple reconfiguration offering an easy transition to a full four-bedroom layout. Period details including classic VJ walls, ornate window and doorway trims, and solid hardwood floors infuse the home with character and charm. These features, just waiting to be revived, offer the perfect base for a modern open-plan design that retains its timeless appeal. And with the home already stumped at legal height, there's ample scope to build underneath, significantly increasing the floor plan and boosting long-term rental or resale potential.
What sets this opportunity apart is its flexibility and readiness. Located in a blue-chip, tightly held suburb, the site comes with DA approval and has already undergone significant reconfiguration-saving you time, money, and the complexity of council planning. The rear block provides an enviable blank canvas to design a luxury home or boutique townhouses (STCA). Meanwhile, the existing dwelling generates strong holding income-providing excellent cash flow while you plan your next steps.
In a suburb where large, developable land is increasingly scarce, this property offers a strategic entry into a market poised for continued growth. As the Brisbane market continues to climb, the numbers speak for themselves. Whether you're looking to renovate and hold, develop now, or stage the transformation over time, this opportunity ticks every box.
This is your chance to secure an exceptional slice of inner-city Brisbane real estate and bring your vision to life-Contact Matt or Nico today for additional information.
Property ID: #L35043187
