The home is positioned only 7km from Brisbane CBD, a short 950m to Fairfield Train station, Fairfield Gardens shopping centre 1km away, Annerley Woolworths is only 1km, Yeronga State High school is walking distance, within Junction Park State School zone, popular caf&aecute;’s, restaurants, hotels are all nearby and a main bus thoroughfare is at the top of the street.
Although the post war home is the perfect project for creating a large family home in the inner-city the 754m block is zoned LMR2 so development options are available. Based on similar development in the area Brisbane City Council could allow 5 x 3 story townhouses. If the townhouses are three stories high then city and mountain views could be achieved. Townhouses have experienced excellent growth in the past few years. Another option could be to move the current home to the front of the block and do a land subdivision by creating a battle axe block or simply removing the home and splitting the block down the middle to create two blocks with street frontage.
The home itself has a large north facing front yard and drive access into a double carport underneath the second level, upon entering the classic home an internal staircase leads to a central hallway and onto three large bedrooms, one with built in wardrobes and an inbuilt desk. The home is serviced by a main bathroom with separate toilet and original kitchen that is positioned to the rear of the home and offsets a small formal dining room and large laundry.
The upper level of the home boasts the huge master bedroom with ensuite and private access to the front balcony. This could be a great parents retreat, guest accommodation or home office. The weatherboard construction has nostalgic character features throughout with high ceilings, hardwood flooring and decorative trims.
There is great access down either side of the house and the flat grassed yard is home to a weatherboard garden shed, the ideal art studio, additional storage or workshop.
Three of the four bedrooms are already leased out. The total rental potential is $720 per week.
Please contact your selling agent Brock Ward to secure your inspection today.
- LMR2 Zoning and wide frontage
- Central location
- Townhouse site
- Subdivision site
- Character features throughout the home