Lots of potential here - Zoned "Lmr3 Low-Medium Density Residential" and can build up to 3 Storeys (STCA) or simply MOVE IN as your beautiful family home. Sensationally located next to a leafy park and mere minutes to bustling Brookside Shopping Centre and Mitchelton train station, this vacant much-loved highest could be enjoyed or rented out as it is or be given a new lease on life with a thoughtful renovation or a complete restart (STCA). Highlights: - Development Zone: Lmr3 Low-Medium Density Residential (Up To 3 Storeys) - Generous level block with leafy Osborne Road Park to the rear and along one side - Convenient location near supermarket, specialty stores, eateries, train/bus, local schools - Existing home: 3 beds, kitchen, living/dining + bathroom; downstairs laundry/double garage - Lovely original features ripe for renewal including exposed timber floors on the upper level and lots of areas in the ground level as your work shop or home office - Lots of options for home buyers, renovators, investors, and even home business operators The versatility of this property is incredible. If you're looking for a place to rent out or move into straight away, there's no reason you can't get the act ready or call the moving van upon settlement, get gear in quickly, and start enjoying the superior serene lifestyle on offer in Mitchelton or reaping the rental return. Set well back from Osborne Road, the home's upper level offers 2.6m ceiling height, a functional floorplan of three bedrooms set around a central living/dining area with an adjacent updated kitchen and main crisp bathroom. The smoke alarm has been installed and the interior and exterior was re-painted a few years ago. The floors have been stripped of carpet to reveal the home's original timber boards which would look even more amazing with a polish. Downstairs is concreted in line with the area's use as a laundry and double garage. If you envision this as your own home, you'd make amazing progress simply by polishing the floorboards and maybe adding a big timber deck out back to capture the tree-lined vistas through the adjacent parkland. Imagine the serenity on a sweet summer evening! The existing house could also be repurposed to accommodate a home business, especially given the exposure to Osborne Road and the off-street parking potential at the front of the property. The upper level is in fairly good nick, but a few improvements to the ground floor could create a thriving, rent-free office space. Those with big plans might already be mentally drawing up the dream home - and why not (STCA)? This is a substantial block in a sensational, family-friendly area with Brookside Shopping Centre and the train station mere minutes from the front door or a leisurely 15-minute walk to Mitchelton State primary/high schools. Likewise, investors will recognise the property's return potential as a rental - both now and in the future. There could even be lucrative development options to explore (STCA). Elderly owners are committed to making a sale, so be ready if you want to walk out a winner! 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. Chui Yi Chow with Sunnybank Districts P/L T/A LJ Hooker Property Partners ABN 36 423 223 183 / 21 107 068 020