Nestled in the heart of Chapel Hill, where serenity meets convenience, stands a property with immense potential. Welcome to 5 Ludlow Street, a captivating architectural gem on a sprawling 1381m² allotment. With its distinctive design and a wealth of features, this property offers a unique opportunity for those with an eye for transformation and style. While 5 Ludlow Street may require some renovation and rejuvenation to restore it to its former glory, it's essential to note that the bones of this property are exceptionally solid, and its style remains timeless. Whether you prefer to occupy it as it is or embark on a journey of transformation, the options are boundless. A fresh coat of paint and new carpets will breathe new life into this home, or you can fully embrace its potential with an extensive renovation, capitalizing on its excellent layout, size, and architectural features. As you step inside, you'll be greeted by the timeless elegance of this home's architectural design. High natural timber vaulted ceilings soar above, creating an inviting atmosphere and a sense of grandeur. The exposed brick feature walls add character and warmth to the living spaces, making you feel right at home. Upstairs, the layout showcases three spacious bedrooms, including a master bedroom with its ensuite for added comfort. The combined formal living and dining area exudes an air of sophistication, perfect for hosting gatherings with friends and family. Separated from the living area by a functional centrally located kitchen is a family area, adorned with a brick fireplace that holds a piece of history - an embedded 50c coin commemorating the 1982 Commonwealth Games in Brisbane, the same year this beautiful home was completed. Venturing downstairs, you'll discover a separate bedroom and living area, complemented by a small kitchenette. This versatile space opens up exciting possibilities, whether you envision it as a granny flat for extended family or a teenager's retreat. One of the property's standout attributes is its substantial 1380m² land size, a rarity in a time of ever decreasing yard space. This generous allotment offers ample space for your dream outdoor oasis, a garden sanctuary, or you could rejuvenate/rebuild the existing half tennis court. Chapel Hill itself is a tight-knit community with a family-friendly ambiance. You'll relish the proximity to local amenities, schools, and parks, while the short drive to the bustling hubs of Indooroopilly and Toowong adds another layer of convenience to your lifestyle. Opportunities like 5 Ludlow Street are a rare find, and properties with this much potential don't stay on the market for long. Don't miss your chance to unlock the true beauty of this Chapel Hill gem. Embrace the challenge, and let your vision transform this property into a masterpiece. Your canvas awaits - seize this opportunity today!