38 Fifth Ave

St Lucia QLD 4067

632 m²

House

Currently for sale - view listing

Overview

Rare City-View Holding in the Avenues of St Lucia

Commanding an elevated position on the high side of Fifth Avenue, this 632sqm property presents a rare opportunity to secure a city-view holding in the tightly held Avenues of St Lucia. With its elevated north-easterly aspect and sweeping views across Brisbane, the land offers an exceptional platform for a future luxury residence or redevelopment. Opportunities with this combination of elevation, outlook and position are increasingly difficult to find. The existing four-bedroom post-war home provides an attractive holding income of over $80,000 per annum, with genuine dual-living flexibility and separate power supplies to the upper and lower levels. Comfortable and well maintained, it can be retained as an income-producing asset while future plans take shape. Set within a quiet, tree-lined avenue surrounded by quality homes, the location is second to none-just 400m to Ironside State School, close to St Peter's College, Brisbane Boys' College, and Indooroopilly State High, and only 1km from The University of Queensland. Parks, transport, and shopping are all within easy reach. Key Features • Elevated 632sqm block with sweeping city views • Highly sought-after north-easterly aspect • Prestige position within the Avenues of St Lucia • Holding income of over $80,000 per annum • Four-bedroom home with dual-living potential • Seperate fully self contained teenagers retreat • Separate power supplies to upstairs and downstairs • Saltwater in-ground pool • Future renovation or redevelopment potential (STCA) • Close to Ironside State School and The University of Queensland A tightly held landholding with the income and position to support a considered long-term strategy. Contact us today to arrange your inspection. Disclaimer The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must rely solely on their own inspections, enquiries and searches with all relevant authorities. Disclaimer: We have in preparing this advertisement 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 contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.