The owners have relocated, their plans have changed and the instructions are clear - 23 Stephen Street must be sold.
Presenting an increasingly rare opportunity in the heart of Camp Hill, this expansive 1,082sqm landholding across two existing lots combines exceptional future potential with a substantial liveable home, swimming pool, shed and an existing Brisbane City Council Development Approval.
With approximately 27.6 metres of street frontage, the property offers exceptional scale and flexibility for buyers looking to secure a significant parcel of land in one of Brisbane's most tightly held inner-eastern suburbs. The existing lots are approximately 541sqm each, providing a compelling proposition for owner-occupiers, renovators, builders and developers alike.
Importantly, the property is being sold with an existing Brisbane City Council Development Approval for partial demolition and the relocation/repositioning of the existing pre-1947 residence onto one of the two lots.
The approved plans provide a particularly interesting pathway for the future of the site. Under the current approval, the existing residence can be repositioned entirely onto one of the existing lots. That lot is not affected by a character overlay, potentially allowing a future owner to separately apply to council for approval to demolish the residence. This could ultimately create the opportunity for two vacant lots of approximately 541sqm each - or one substantial 1,082sqm holding - providing considerable flexibility for the site's future use.
Equally, there is no requirement to commence the approved works. For buyers seeking a home rather than an immediate project, the existing residence is liveable as it stands and provides generous accommodation across two levels, allowing the property to be enjoyed today while its longer-term possibilities are considered.
Property highlights include:
• Expansive 1,082sqm; north-to-street landholding
• Already comprising two existing lots of approximately 541sqm each
• Approximately 27.6m total street frontage
• Both lots zoned Low Density Residential
• Existing residence providing generous accommodation across two levels
• Swimming pool and substantial garage/shed or workshop
• Solar system with battery and water tanks
• Timber floors and traditional character detailing
• Multiple living areas and rear entertaining deck
• Existing Brisbane City Council Development Approval for partial demolition and repositioning/relocation of the existing residence onto one lot
• Potential to ultimately create two vacant lots or retain the entire 1,082sqm holding - STCA
• Liveable immediately, allowing the successful purchaser time to consider their future plans
The existing home offers generous living spaces, a large kitchen, multiple bedrooms and bathrooms, air-conditioning and excellent flexibility across both levels. The rear of the property provides further amenity with the swimming pool and large shed/garage, making this a highly usable family property in its current form.
Positioned in an elevated Camp Hill address, the property enjoys convenient access to local schools, parks, cafes and restaurants, with Camp Hill Marketplace, Coorparoo Square and Westfield Carindale all within easy reach.
Whether the priority is securing a substantial family home on an exceptional parcel of land, undertaking a future renovation, or exploring the opportunities presented by the existing two-lot configuration and council approval, 23 Stephen Street represents a rare opportunity - made even more compelling by owners who have already relocated and are committed to selling.
The message from our sellers could not be clearer: after 49 years - they have relocated, the property is surplus to their needs and they want it sold. Buyers should approach the auction with confidence that genuine motivation exists and a result is wanted on the day.
Offered for sale by way of public auction, Saturday 14th November at 9:00am to be held at The Calile Hotel, Fortitude Valley. All pre-auction offers are to be made formally in writing for consideration.
Contact marketing agent Daniel Lazzaroni on 0427 138 906 for further information and to arrange an inspection.
**This property is being sold by auction or without a price, and therefore no price guide can be provided. The website may have filtered the property into a price bracket for functionality purposes.
We have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
