Limited only by imagination, this raised, extended and updated 1919 Queenslander represents the ultimate family home, multi-use residence or income spinner!Positioned on a 499sqm corner allotment just 4km from the CBD and metres from Coorparoos expanding lifestyle precinct, this property offers a unique opportunity to capitalise on impressively retained period features, an abundance of living space and enormous enhancement potential! Property Highlights:- Original features on the upper level include high ceilings, ornate cornices, hardwood floorboards, VJ walls and stained-glass casement windows- Upper level formal lounge, dining and large well-appointed kitchen, all with treetop outlooks.-4 upstairs bedrooms, including one separate self-contained teenager or guest retreat with own kitchen, toilet and entrance. Central bathroom.- 2 lower level bedrooms, each offering separate living area, bathroom and entrance.-Double remote garage with storage, plus additional off-street parking spaces.-Large separate laundry with direct access to drying court-Beautifully maintained gardens, screened for privacy by established treesThe Options:-Enjoy the character-filled, dual-level family home, where even extended family members and guests can have their own private space.-Create a mixed residential/home business property, by living upstairs and using the lower level rooms as a home office, studio, salon or workshop.-Live upstairs and rent out the downstairs rooms as individual units -Get creative, roll-up up your sleeves and transform the lower level into a B & B, capitalising on the sensational proximity to the CBD and transport.Positioned within easy walking distance of train and bus transport, parkland, an array of shops, cafes and restaurants, as well as the forthcoming commercial and entertainment development, this is perfect location and time to buy!Lucrative opportunities such as these are rare. And, with the long-term owners health concerns forcing an urgent sale our instructions are clear; this property will be sold at or prior to auction! Inspect now.