Centrally located in one of Brisbane's most liveable suburbs, Toowong, this two bedroom, one bathroom, c1937 Queenslander is situated on an elevated 685sqm block and provides a great opportunity for the savvy buyer to secure a highly desirable inner city address. Option 1: An excellent investment opportunity. Rent out the home and capitalise on future gains and wait for developers to come knocking! Option 2: Renovate the existing home. Potentially consider raising to capture the Brisbane City skyline from your second storey. Option 3: Maximise redevelopment return. The site is zoned High Density Residential (HDR) up to 8 storeys under the current BCC Planning Scheme. The surrounding area has proved successful, with many similar blocks now being developed as new contemporary apartments or townhouse complexes. This prime corner block site with two street access could present the ideal development opportunity! Be quick to speak with one of the local town planning firms or Council, to make sure you don't miss out. Located within an easy 450m walk of Toowong Village shopping precinct, rail, bus and CityCat transport, and mere minutes from the Wesley Hospital, University of Queensland, Brisbane Boys College, The Queensland Academy of Science, Maths and Technology, and other quality schools. The location is absolutely superb, with everything at your fingertips! The sellers have given clear instructions, the property will be sold on or before auction day. They want a quick and hassle free sale so don't miss this rare opportunity to secure such a desirable location in the heart of Toowong. For further information please contact Kris Matthews or Liza Barry today! "This property may be going to Auction or advertised without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes".