In a tightly held street where only four freehold properties have sold since 2014, an opportunity has presented itself of a magnitude that is not to be missed. Commanding a hill top position is this wonderful three-level detached, solid brick and tile post-war home on a massive 960m2 allotment. Zoned LMR2, the home presents a myriad of opportunities.

Originally a family house the property is currently used as an accommodation house for students. The home offers fourteen bedrooms most with built-in cupboards, three kitchens, three bathrooms, communal indoor and outdoor living areas and multiple wrap around balconies. Parking is available for at least three vehicles off street.

With a reasonably level rear garden, elevated position and it’s huge land size, there are so many possibilities. (STCA) For the builder/developer there is the option to remove the home and re-build a new home or multiple homes. For the renovator, there is the option to convert back to a family home and for the investor the option to keep the existing property as an income producing asset with a bonus land bank of the massive 960m2 allotment.

Cambridge Street, Red Hill is located around 2KM from Brisbane’s CBD on the border of Paddington and is known for its elevated peaceful position with stunning views that capture cooling southerly breezes and in some cases city views. Owning a property on this wonderful street is a blessing for the lucky few and one that many aspire to. Properties of this size in this location at this very affordable price are as rare as hen’s teeth, don’t miss this opportunity, contact me now to arrange your private inspection.

Additional features include

andbull; Solar power
andbull; Ground level lock up garages
andbull; Vacant possession available