It is rare to find a block of this size with such potential within a 7km radius of the Brisbane CBD. 58 Lancelot Street is currently occupied by a post-war home, and is ready for its next owners to renovate, remove, or rebuild to create a stunning family residence in sought-after neighbourhood.
Our instructions are clear - this property MUST be sold! The owner's need a result, and this property go goes under the hammer at the Ray White Sherwood & Graceville In-Room Auctions on the 27th of February.
Features include:
- Level 810m2 block, suitable for subdivision subject to Council approval;
- Potential to renovate and build underneath the existing high-set post-war home;
- Local to the Honour Ave precinct plus just 500m from bus transport to the Brisbane CBD;
- Situated in the Graceville State School and Yeronga State High School catchments.
Situated on a level 810m2 block, 58 Lancelot Street is a high-set post-war timber home which oozes with potential. Whether you choose to renovate or remove, the position of this property and the level block ensures there is an abundance of space for you to implement your dreams and ideas when creating your next family home.
Should you choose to renovate, the existing home is high-set, and you have the option to build underneath to create additional living areas. For builders and developers, you may choose to split the block and build two separate new builds (Subject to Council Approval). Sell both or live in one and sell the other to help pay off the mortgage - the options are endless!
The location of this home is unparalleled. Just over 7km from the Brisbane CBD, your morning commute will be only 15 minutes via the bus routes on King Arthur Terrace. You will be within close proximity to the cafes of Graceville Riverside Village along with an abundance of parkland and riverfront walking paths.This also will include the soon to be completed master planned Yeerongpilly Green which encompass some amazing new retails and lifestyle options which you will be able to walk to from your new home. Once your family home has been completed, you will appreciate being within the catchment area of the esteemed Graceville State School. Some of Brisbane's best private schools are within a 15 minute drive.
A property with such potential and options is sure to be in hot demand; be quick to inspect this weekend or contact Sam Ward for further information. Renovators and developers cannot afford to miss out on this opportunity!
