Holding a prime position, inside 5km to the Brisbane CBD and directly located opposite the Greenslopes Private Hospital, this is a capital opportunity to acquire a highly versatile property that offers a range of incredible development options. Allows for the development of up to six units apartment ( Subject To Council Approval ) which, once designed and ready to sell off the plan, would be snapped up in no time by the strong owner occupier / investor market seeking quality new product in this growing region. Alternative options include: - Rebuild a brand new, large-scale family home. This large site could accommodate either a sprawling lowset or contemporary two-storey house complete with pool / entertainment areas in the level back yard. - Renovate or extend the home to include extra bedrooms, living spaces and modernise key rooms such as the big kitchen, large bathroom and highlight the traditional features like high ceilings. - Rent out the existing three-bedroom weatherboard home which is in perfect condition for immediate lease to the tenants and would yield a strong return and long-term profits. Rents is circa. $450+ per week. Being in close proximity to the CBD, hospital, major shops, motorway and vibrant suburbs like Stone Corners and Annerley, it will always be popular and in-demand by shift workers, students, professionals, and families looking to own or rent in this leafy and tranquil neighbourhood. Main attributes include: - Potential city views from upper levels if redeveloped into units - 647sqm block with 16m+ frontage - North to south aspect - Opposite Greenslopes Hospital - Multiple schools in the area - 5 minute walk to local bus stops - 3 minutes to Pacific motorway - 3 minutes' drive to Greenslopes Shopping Mall - 5 minutes to Langlands Park with public pool - 6 minutes' drive to Dendy Cinema at Coorparoo Square - Close to schools, parks and childcare centre Don't miss out on inspecting this superb property that has such potential to be explored! Call me now for an appointment to view. THIS AUCTION WILL BE HELD ON-SITE **All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**