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

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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)