This property offers multiple options. The choice is yours: 1. Renovate: raise, renovate and build-in under the existing large home, built in 1950. 2. Build New: Demolish the existing post-war home, and build your brand new dream home. Graceville is one of Brisbane's most desirable suburbs. 3. Developers: Demolish the old home, separately title the second allotment, and build 2 brand new homes. The Sellers have loved living at this location for over 4 decades. They have witnessed major growth of Graceville, lived through 3 floods - a major feat in its own right, raised a family, and actively participated in almost every aspect of the Graceville community. They have decided it's now time for a change. To stay on, the house would have to be raised and made flood resistant…but they do not want stairs. “It's time for another family, or perhaps 2 families to enjoy living here as much as we have.” The property is located in the Graceville State School catchment area….one of the most sought-after schools in Queensland. It's a short 15min walk to the Graceville train station, where trains depart every 15min. Are joining the train station is the the Honour Avenue Café Precinct incorporating cafes, licensed restaurants, a bakery, butcher, convenience store, professional services, and the Regal Cinema. Within a couple of train stops from Graceville Station there is a plethora of private and public schools including St. Aidans Angelica's Girls School, Brisbane Boys College, and Brigidine College, 2 state high schools - Indooroopilly and Corinda, 2 private primary schools - Christ the King, and St Joseph's catholic schools, 2 State Primary schools - Corinda and Sherwood. There are also numerous kindergartens and childcare centres. The University of Queensland is a short drive away, or easily accessible by public transport. The Chelmer to Oxley corridor is also adorned with sporting facilities covering Touch Football, Netball, Rugby League, Soccer, Rugby Union, Rowing, Swimming, Cricket, Australian Rules Sea Scouts, and Golf to name few. Flood Report and Propcheck Report available on request. Call Gary on 0403 086 251 to arrange an inspection. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.