840sqm Dual-Living Home Offering Subdivide and Development Upside (STCA)
Set on an 840sqm corner allotment close to local conveniences and leafy parklands, this multi-option dual-living home and/or development site is only 7kms to the CBD. Zoned for subdivision (STCA), this 1950-built residence offers options to build two new homes, adding exceptional value in an area where large blocks are increasingly rare. Whether you choose to renovate, rent, or hold and develop in the future, this property’s expansive rear yard and charming traditional details make it a versatile investment. Buy and rent out until you are ready to develop, live here with adult children/relatives/tenant in the self contained studio which would also be an ideal home office, art or music studio. Positioned amongst established homes in an elevated street, the property makes a brilliant first impression with its attractive stucco facade and mature front gardens, fully fenced for pets and children. Inside, high-quality LVT (luxury commercial-grade vinyl tiled) floors and decorative cornices are showcased throughout. Disclaimer This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Continuing from the residence’s welcoming entry and central hallway, a spacious open-plan living and dining area is punctuated by a brick fireplace and classic pendant lights. There is also an adjoining meals area, plus the kitchen displaying a breakfast bar and ample cupboard storage, a new dishwasher, 900-millimetre-wide electric cooktop and a 900-millimetre-wide Smeg oven. Steps away, an airy sunroom or potential study leads to a fully-fenced grassed rear yard framed by flourishing gardens. You will also find a covered deck that is perfect for relaxing and hosting guests. Finishing the property, a generous master bedroom is accompanied by another two bedrooms; the master and second bedrooms have large built-in robes. A tidy main bathroom encompasses a shower over a bath. The fourth bedroom, complete with its own private entry, kitchenette, and full bathroom, offers flexibility as an ideal space for a home office, studio, or accommodation for guests, adult children, or older relatives. Perfect for multi-generational living or as an income-generating option, this self-contained area enhances the home’s appeal with added privacy and independence. Complete with a dual carport and an outdoor laundry, the residence also includes a secure dual garage, a five-kilowatt 24-panel solar power system, temperature regulating cavity brick stucco, low maintenance building materials, superb storage and new split-system air-conditioning. A stone’s throw from a plethora of shops and dining options, this fantastic home is near Cannon Hill Kmart Plaza and Seven Hills Bushland Reserve’s scenic walking tracks. The Cannon Hill train station, bus station, the soon-to-be-upgraded Murarrie Recreation Ground and the new Minnippi Golf Course are minutes away. You cant lose with the multiple options that this property presents in this booming suburb with a plethora of local shops, public transport and only 7kms from the CBD! Falling within the Cannon Hill State School and Balmoral State High School catchment areas, this incredible property is also a short distance from Saint Oliver Plunkett Primary School, Cannon Hill Anglican College and Lourdes Hill College. Do not miss this exciting opportunity - call to arrange an inspection today.
