This grand Queenslander, on an LMR zoned 607m2 site, offers multiple options for the new owner. Land bank as a rental investment, develop as units/townhouses (STCA) or raise /renovate / extend to create a grand home in a great, near city suburb. The site enjoys a 15m frontage, is flood free, and offers an excellent opportunity to take advantage of the LMR2 zoning (2 or 3 storey mix). A high set, 3 bedroom home occupies the site and has an excellent rental history currently returning $395 per week. Classic period features of the home include VJ interior walls, ornate timber fretwork, wide pine floorboards, french doors with coloured glass panes to the L shaped verandah and casement & sash windows. The home is ripe for a renovation project and is of good proportions with separate lounge & dining areas and good storage / utility space under the house. A large, pet & child friendly backyard also provides plenty of room for a pool and trampoline. The property is close to the Windsor Bus Station with local gyms, schools, child care, cafes, restaurants, Shopping Centre and the parks and bikeways of Kedron Brook all within easy walking distance. Easy access to the CBD, airport and major transport routes is facilitated via the busway and Translink tunnels entry points. A great opportunity in a booming area.