55 Longlands Street

East Brisbane QLD 4169

810 m²

House

Currently for sale - view listing

Overview

810sqm Dual-Lot Queenslander – Renovate or Redevelop (STCA)

OPTION 1 - DEVELOPER / MULTI-DWELLING UPSIDE Occupying a substantial 810sqm across two lots, the property presents a compelling opportunity for developers and land bankers to capitalise on strong inner city demand for multi dwelling outcomes (STCA), supported by existing zoning provisions. Providing the ability to explore multi dwelling configurations at the rear of the site, the property offers genuine flexibility to add value through the creation of new townhouses for future sale or long term rental, or alternatively subdivide the site and construct a new home alongside a renovation of the existing residence, subject to council approval. Importantly, the Federal Budget's proposed settings are expected to provide increased support for new build residential development, favouring eligible new construction projects and strengthening the long term fundamentals for developments of this nature. OPTION 2 - FAMILY RENOVATOR / DREAM HOME Showcasing a magnificent façade and spanning two lots on an impressive 810sqm allotment, this character rich Queenslander presents an exceptional opportunity to restore, renovate or completely reimagine a truly special family home (STCA). With much of the original interior detail already removed or covered, the home offers a rare blank canvas to recreate timeless Queenslander charm while introducing modern comfort and functionality. High ceilings and generous proportions provide the ideal foundation to design a spacious family residence tailored to your lifestyle. Positioned in a tightly held inner city location just 2.5km from the CBD, this is a rare chance for families to secure scale, character and future flexibility in one of Brisbane's most desirable lifestyle precincts. You'll also benefit from excellent connectivity, including easy access to the airport via the Clem 7 Tunnel and future enhancements from the Cross River Rail, set to further transform inner city commuting and property values. Families and professionals will appreciate the proximity to top performing schools, universities, and both public and private hospitals.