Just 15 minutes to Brisbane city, this beautifully maintained classic Queensland property on a 964m2 corner block (on 2 lots) is brimming with possibilities for the astute buyer or investor.

Nestled among prestige homes on one of the finest streets in sought-after Alderley, the spacious three bedroom home has been meticulously maintained and offers an easy relaxed lifestyle.

If youre looking for a special renovation project then the unique original features including polished timber floors, high ceilings and decorative cornices, make this an ideal canvas for a stunning home.

If youd prefer to build a brand new dream home, the large block offers the chance to construct a truly spectacular grand residence with potential views to the city skyline. Adding to the development potential, the land is divided into two lots across a corner allotment, both with street frontage (553m2 with 17m frontage and 411m2 with 10m frontage) allowing you to build two gorgeous homes and maximise the value of this prime location.

Zoned low density residential, the development potential of this property means the buyer will be sitting on a very comfortable nest egg that will only appreciate in value.

Properties with this much to offer so close to the city are rare indeed, especially when they provide such a practical, lovely low-maintenance home. This reduces the urgency to develop and gives the added option of earning rental income on your investment.

Built in 1948, the home has been lovingly cared for by the current owner for the past 44 years and has a flexible floorplan that includes a massive 3 car remote-control garage and large workshop downstairs.

Other features include:
Separate dining and living rooms
Large kitchen with walk-in pantry, dishwasher and gas cooktop
Front covered deck to catch the breezes
Polished timber floors throughout
Ducted and zoned air conditioning and ceiling fans
High-ceilings, cornices and decorative trims
Impressive casement and awning windows with excellent security
Rear covered patio leading to the family room
Open paved patio/entertainment area adjacent to back garden
Mature trees and easy-care garden with water tank onsite

With public transport at your door, and with shops, cafes, and restaurants within walking distance, this location is ideal for families, professionals or retirees wanting the security and prestige of such a well-established suburb close to the city.

Enhancing the lifestyle appeal of this property, the Greenhill Reserve Park is located just across the road and its only a short stroll to 30 hectares of natural bushland with bike and walking paths at Banks Street Reserve.

Enjoy the benefits of this prestigious address while planning how best to capitalise on all the property has to offer. This unassuming gem could be the best lifestyle or financial investment youll ever make dont miss out!

Expressions of Interest Close, 2.00pm Wednesday 18th February 2015

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionally purposes.