Beautifully maintained and updated, this 1938 Queenslander offers the character of yesteryear, modern comforts of today and versatility for a rewarding future! Featuring traditional open-plan living and entertaining spaces throughout there is an additional lower level with 3+ metre high ceilings ready to be fitted to personal purpose and taste. Set back from the street this 405sqm property enjoys a location of exceptional convenience. Just 5km from the CBD, a four minute walk to the train station and a short walk to local shops, cafes, parks and bus.Within the catchment area of the acclaimed Norman Park State School.Classic high ceilings, VJ Walls, original Hoop Pine floorboards and timber fretwork are elegantly featured throughout. The modern chefs kitchen with Miele appliances, hardwood benchtops and air-conditioning flows into the lounge/dining areas, which in turn opens out to an expansive entertaining deck and grassed rear yard. Three bedrooms include a generous built-in master with ensuite, second king-sized bedroom with air-conditioning and bay windows, while the third enjoys a bright north-east aspect.Featuring its own entrance, the large light-filled lower level has been fully waterproofed, (with 10 year guarantee!) and would be perfect as either a home office, studio, trade workshop, granny-flat or teenagers retreat! Additional property highlights include a modern central bathroom, separate laundry, off-street parking for two cars, town gas, plus low maintenance front and rear yard. This delightful character residence offers an exceptional lifestyle within a sought-after location, as well as the rare opportunity to enhance, personalise, work from home and realise significant capital growth with minimal outlay. Inspect now!