This double storey stucco and tile home is part of St Lucia's history . Superbly located to the University of Queensland Campus, the property offers a number of opportunities. Filled with character and charm, the home retains many features of the 1930's period and is located on a corner LMR 496m2 block. The home is spread over two levels which are linked by a beautiful timber staircase with 4 generous bedrooms and 3 bathrooms on the upper level. On the lower level, there are 2 large double bedrooms (two with a kitchenette and separate entry), 2 single bedrooms and 3 bathrooms. The configuration also allows for dual living - The main family house with 4 Bedrooms and 2 bathrooms and the connected rental investment with 4 bedrooms, 4 bathrooms and 4 kitchenettes. Features include: • LMR 2 Low - medium density residential (2-3 storey mix) 496 m2 Corner position • 8 Bedrooms • 6 Bathrooms • 3 undercover car parks • Configuration allows for flexibility with the investment/owner occupier options • Split systems throughout • Private courtyard at the rear which services 2 rooms • Solid Stucco construction and low maintenance • Faux Fire place in the main living area on the lower level • Polished timber floors • Leadlight windows • Ornate plaster ceilings • Formal living space • A gourmet kitchen and living room form the heart of the house • 5km to Brisbane CBD • Bus to UQ and CBD at door step • Close proximity to private schools/state schools and Toowong Village shops This blue chip investment offers stable rental returns and prospects for capital growth. Don't miss this opportunity!