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34 East Street

LUTWYCHE

Sold $1,030,000
Land Size: 683m2
  3     1     2  

Inner City Living at it’s Best- Family Home with Development Potential- HDR1 Zoning and No Demolition Control

This property is currently not available.

INSPECTIONS ARE AVAILABLE BY APPOINTMENT- PLEASE CALL US TODAY TO ARRANGE

The opportunity exists for a family or astute investor to take advantage of this grand old Queenslander and enjoy a gorgeous prime North/South aspect. Perfectly positioned within walking distance to Wooloowin and Windsor State Schools, Wooloowin and Albion Train stations, Lutwyche Busway station, local cafes, restaurants and gorgeous Kedron Brook walking and cycling tracks. This is an affordable way to get into the area. Either give it a quick spruce up with internal paint and carpets, or go the whole hog and raise, renovate and extend to create your forever home. Both the bathroom and kitchen are neat and tidy, so the house is ready to live in now or rent out straight away.

Another huge opportunity exists to develop the block with the current HDR1 zoning. Despite the house being pre-1946 construction, it is not mapped as Traditional Building Character, Pre-1911 or Heritage, so it is not protected. Meaning the house can be demolished or removed (STCA). The maximum height in the Neighbourhood Plan is currently 5 storeys. If you were to combine with a neighbouring 683m2 property, it would create a wider frontage and better footprint to build up to 5 storey apartment complex with potential city views and also allowing a basement car park (STCA). So plenty of scope to join forces with the neighbours and reap the rewards of selling to a developer.

Future Land Banking/Development Options:

– Lot 2 on Registered Plan 19105
– 17.5m frontage x 38.5m depth (approximate)
– Hdr1 High Density Residential (Up To 8 Storeys depending on the current neighbourhood plan)
– Maximum height in this current neighbourhood plan is 5 storeys
– Flat block with no easements
– Potential to combine with neighbouring properties to create a larger development parcel, and wider frontage giving scope to allow a basement carpark (STCA)

Snapshot of Features:

– Positioned within the sought after Windsor State School and Kedron State High School Catchments
– The current layout of the home is adaptable with 3 bedrooms, 2 living rooms, 2 sleepouts (that could be used as extra utility bedrooms), and an eat in kitchen which has a prime position to extend out the back with a large north facing deck
– Well maintained Zincalume roof and updated concrete and steel posts underneath
– Original character features include soaring ceilings, VJ walls, original wide pine floor boards under the floor linings, picture rails, traditional fretwork, period light shades and much more
– Residential houses on either side meaning you are not boxed in by unit complexes
– Vehicle access down the side of the house through to the back yard and underneath the house (easy access to put in a pool)
– Majority of underneath the house is concreted
– Downstairs 2nd toilet and original laundry
– Prime location to run a home-based business from
– Walking distance to excellent public transport, Lutwyche Shopping Centre and schools
– Easy access to main arterial roads, including inner city bypass Clem7, Legacy Way, M7 and M3 for commute to the City/Airport and quick access up and down the coast

Opportunities like this are rare.

Don’t Miss Out. Call Now!

So we can get back to you as soon as possible, please include your best contact number with your enquiry.

*Please note we are experiencing large numbers of buyer enquiries at the moment, and are able to respond to online enquiries with phone numbers and email addresses quicker than enquiries with email addresses only. Thankyou.*

PERSONAL INFORMATION COLLECTION NOTICE
Clark Real Estate is committed to protecting the health and safety of our community and team members.
By attending a property inspection, you agree that your personal information will be recorded and kept by Clark Real Estate. If you do not agree, please contact our office on 07 3256 1600 prior to your arranged inspection time to change your inspection to a virtual inspection where you do not physically attend.

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Licence number: 32346

No inspection time available for this property.


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