Set on a generous 961m² corner block with dual street access, 230 Postle Street offers an exciting mix of character, income potential and future development opportunity. Subject to council approval, the block may be suitable for subdivision into two allotments, allowing the original home to be retained while creating space for a new home alongside. The existing residence also offers the potential for rental income from day one while future plans are considered.
The three bedroom post war home is largely original and full of charm, with timber screens, retro lighting and etched glass doors adding to its appeal. All bedrooms include built in wardrobes, with air conditioning to one, while the character bathroom features a separate bath and shower. The spacious kitchen offers plenty of cupboard space, an electric cooktop and stainless steel oven, with an adjoining dining area and a light filled lounge opening to the outdoors to catch the breezes.
Freshly painted internally and externally painted around two years ago, the home is ready to enjoy, rent out or renovate. A cosmetic update to the kitchen and bathroom, together with lifting the existing flooring to reveal the hardwood timber floors beneath, could quickly transform the home. Outside, there is a front patio, large covered rear deck, a substantial roller door shed with secure parking for two cars and workshop space, plus additional secure parking under the house. Downstairs also includes a spacious laundry and a separate room ideal for storage or a home office.
Property Highlights
• 961m² corner block with dual street access
• Potential to subdivide into two allotments, subject to council approval
• Scope to retain the existing home and build a new residence alongside
• Potential rental income from the existing home from the outset
• Three bedrooms, all with built in wardrobes, one with A/C
• Original retro features including timber screens, lighting and etched glass doors
• Spacious kitchen, dining area and light filled lounge
• Front patio plus large covered rear entertaining deck
• Large roller door shed with two car secure parking and workshop space
• Additional under house parking, laundry and storage or office room
Approximately 17km form Brisbane CBD, Acacia Ridge offers convenient access to local shopping, schools, parks and public transport, with Acacia Marketplace, Woolworths and Aldi within a short walk and surrounding shopping precincts all within easy reach. Nearby transport links including Coopers Plains and Rocklea station as well as major bus routes, also provide practical access to surrounding suburbs, major employment hubs and Griffith University.
Get in touch today to arrange an inspection. Melody Matheson - 0409 969 443
