Positioned on an elevated, large 721m2 block in the heart of Macgregor, the property presents a rare opportunity to own an impressive home to live in now, with the potential to develop the property in the future with a Medium Density Residential (MDR) Zoning. Located only 15km from Brisbane CBD with easy access to both the M1 Gateway Motorway and M3 Pacific Gateway Motorway, and within the school catchment area for Robertson State School and Macgregor State High School, the property is ideally located for families of all sizes. The property is also conveniently located within a short walk to bus stops for express bus routes 130, 140, 139 towards the Brisbane CBD and University of Queensland, while being only minutes away from Westfield Garden City, Market Square, Sunnybank Plaza, Sunnybank Private Hospital, QEII Jubilee Hospital and Griffith University. Set over two spacious levels the property offers buyers an array of options. Upstairs, you will find 3 generously sized bedrooms all with an abundance of natural light, with the whole level utilising good quality hard floorboards under current flooring that can be sanded and polished. Meanwhile, the main bedroom contains a walk-in-robe and large separate wardrobe as well as ceiling fan. The spacious open plan living, and the dining area leads to a huge private balcony overlooking the stunning Mt Gravatt Hills with great breezes. The kitchen is well-appointed with ample cabinetry, benches and an electric stovetop and oven. Located at the end of the hallway you will find the recently renovated bathroom and a separate toilet. On the lower level, you will find a newly renovated kitchenette, three good sized multipurpose rooms as well as rumpus/family area with a separate entrance, making it the ultimate entertaining area. But wait there is more, a self-contained area which includes the internal laundry, a second toilet, shower, there is so much potential for this property. Finally, the grassy, fully fenced backyard is the perfect space for kids and pets to enjoy relaxing weekends. A covered patio offers lots of space to enjoy BBQs with friends and family while watching the kids play around in the backyard. Main Features: - Rare, unbeatable location with potential development site (zoned MDR) - Within the Mt Gravatt Corridor Neighbourhood Plan and the Kessels Road medium density residential sub-precinct - NPP-004b - 3 bedrooms upstairs & 3 multipurpose rooms downstairs - Main bedroom - contains walk-in-robe, large separate wardrobe and ceiling fan - 2 separate toilets and 2 bathrooms - Air-conditioning in main living area - Good quality hard floorboards underneath current floating floorboards - Downstairs with additional family area and separate entrance - Recently renovated main bathroom upstairs and downstairs kitchenette - Large water tank - NBN connectivity The seller is committed to sell! Don't miss out! Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true & accurate, but accept no responsibility & disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.