Located in a prime position in Herston, 164 Herston Road is zoned LMR2 and packed full of potential. Offering its new owner a fantastic location with a sizeable block (438sqm) and 23m frontage, the new owner can choose to renovate and move in, demolish to build a new home (subject to council approval) or develop multi-dwellings (subject to council approval). Located within a short walking distance to Victoria Park, the largest inner city greenspace, with 64 hectares of open space and the planned $1.1B development (Herston Quarter), which comprised of multiple integrated buildings, including a new specialist public health facility, a new private hospital, retail and restaurant facilities, the potential is enormous. Property Features: - 438sqm block. - Zoned Low Medium Density Residential, 2 or 3 storey mix (LMR2). - Spacious living and dining areas with timber flooring and split cycle air conditioning unit. - Large kitchen room with ample of storage cabinets. - Three large bedrooms with original timber floors. - Large bathroom with combined bathtub/shower and toilet. - Separate toilet and laundry area at the rear. - Single carport - Only 1 minutes drive to Kelvin Grove State College, 2 mins walk to Victoria Park, 5 minutes walk to RBWH and 5 minutes walk to QUT Location: Herston is a small inner-city suburb within a short 3.5km to the CBD, near the Royal Brisbane and Women's Hospital, 'world class' Victoria Park, Ballymore Stadium, Herston Quarter, Kelvin Grove State College, Kelvin Grove Urban Village, and ideally located for the significant student population that studies at the nearby Queensland University of Technology and University of Queensland. It is within walking distance to Victoria Park, the largest inner city greenspace, with 64 hectares of open space, perfect to have a picnic, kick the footy, climb trees, have a game of putt putt or walk your four-legged friends. Close proximity to major roads, busways and bike paths offers multiple options for travelling into Fortitude Valley, Southbank and the CBD. Easy access to the tunnels puts you just 20 minutes from the airport and allows for quick getaways to the coasts. Brisbane CBD is only 8mins drive away and with the 2032 Olympics now officially confirmed, this is an outstanding opportunity to own a significant landholding in the heart of Herston and benefit from future capital growth next within walking distance to 2 Olympic Venues. ** Disclaimer** This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.