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Description: This Spanish style home of solid stucco construction, circa 1962, located on a child-friendly 503m2 block with perfect eastern aspect, is being offered to the market for the first time since built; with good bones, and lashings of charm and warmth, it is in need of some renovation and updating to restore it to its former grace and elegance.
Across two levels the home comprises five bedrooms, two bathrooms, eat-in kitchen plus kitchenette with dishwasher, separate formal and casual living areas, upper and lower balconies for alfresco entertaining, separate laundry, storage room, one car garage, and masses of multipurpose space under providing versatile options including dual living for the extended family or income potential via rental. The downstairs area has its own separate entry.
High ceilings, hardwood timber floors, air-conditioning, ceiling fans, direct balcony access from master, spiral staircase from upper to lower level, gas cooktop, and decorative wrought iron on terrace, are existing features. Elevated with a delightful easterly outlook from upper terrace, the home is light filled and circulates gentle, cooling breezes throughout.
Whilst there is a significant amount of work needing to be done to rejuvenate and restore, it is comfortable and liveable 'as is', so you can move in (if desired) during the renovation period...and you'd be very welcome! This is a home that is rich in history and character, and has plenty of love and life left in it today, tomorrow, and beyond...
A high-end transformation should reap significant rewards for a property-flipper looking to make capital gain, or even an owner-occupier, an aficionado of homes of this vintage who wants to transform this into their own lifestyle masterpiece. There is also the possibility of removing home and rebuilding your home of choice onsite. There is no fear of overcapitalising in this blue-chip location!
Located within walking distance and close proximity to premium private and public schools, Indooroopilly Shopping Centre, University of Queensland, parks, and transport - the location is PRIME, offering exceptional convenience to education, retail/commercial, and sporting/leisure facilities.
There is a clear opportunity here for profit for the buyer prepared to invest time and capital into restoring this home and transforming into the stately residence it deserves to be. First time to market...be the FIRST to become only its SECOND owner!
ALL OFFERS CONSIDERED
MAKE YOUR OFFER!
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