Situated on a spacious 952sqm elevated block with a nearly 24m frontage, this property presents an enticing opportunity for developers. Nestled on a tranquil cul-de-sac street in the heart of Balmoral, the existing brick home is ripe for demolition, offering a prime location close to schools, transportation, parklands, and the Oxford St precinct. Such properties are becoming increasingly scarce in today's market. The site, boasting a livable three-bedroom, two-bathroom postwar brick house, awaits transformation into two new upscale residences. You have the option to either clear the site immediately or generate rental income while planning your development strategy. Key property features include: - Spacious 952sqm block with nearly 24m frontage - Development approval for subdivision valid until Feb 2027 - Low residential density zoning - Rare opportunity for customizable redevelopment - Convenient location on a quiet cul-de-sac in Balmoral - Proximity to schools, transport, parks, and Oxford St in Bulimba The property offers easy access to city bus stops, Oxford St (a 3-minute drive away), the CBD, Brisbane Domestic and International Airport (15-minute drive), as well as being within the catchment areas for Sts Peter and Paul's Primary School and Balmoral State High School. Additionally, it is close to parklands, childcare facilities, kindergartens, and prestigious private schools, making it an ideal location for a standout development in the esteemed Balmoral neighborhood. *Subject to Brisbane City Council Approval* 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.