*Information Memorandum available on request*
Positioned in a quiet, tightly held street in the heart of East Brisbane, 31 Withington Street presents an increasingly rare opportunity to secure a character home on a generous 397m² allotment, just minutes from the Brisbane CBD, The Gabba and some of the inner south's best lifestyle amenities.
For buyers who understand the value of location, land and potential, this is an exciting opportunity.
The existing home offers three bedrooms, one bathroom and generous living and dining spaces, with traditional timber floors and character features providing an excellent foundation for renovation. Downstairs is where the possibilities become particularly interesting, with approximately 85m² of garage and storage space underneath the home.
Whether your vision is a smart cosmetic renovation, a substantial transformation, or raising and building underneath to create an impressive family residence, the scope here is enormous.
Renovate Now - Unlock the Potential
East Brisbane continues to see significant investment in the renovation and transformation of its traditional homes, and Withington Street provides the perfect setting to capitalise on this demand.
With fully renovated homes in the surrounding area achieving sales in the low-to-mid $2 millions and even relatively modestly renovated properties selling into the high $1 millions, the opportunity to add value to 31 Withington Street is immediately apparent.
Update the kitchen and bathroom, enhance the existing interiors and outdoor areas, or take advantage of the substantial lower-level footprint and completely reimagine the property.
For the ambitious renovator, the sky really is the limit.
Why 31 Withington Street?
-397m² inner-city allotment
-Quiet, central and highly desirable East Brisbane street
-Three-bedroom character home with excellent renovation potential
-Approximately 90m² internal living area
-Huge 85m² garage/storage area underneath
-Additional separate shed
-Opportunity to renovate and immediately improve the property
-Potential to raise, build underneath and create a substantial family home, subject to approvals
deal opportunity for owner-occupiers, renovators, builders and investors
-Excellent long-term capital growth fundamentals
-Minutes from the Brisbane CBD
-Close to The Gabba and the major Woolloongabba precinct
-Easy access to major transport corridors and public transport
-Convenient to local cafés, restaurants, shops, parks and schools
-Close to the Brisbane River and Kangaroo Point lifestyle precinct
Location, Land & Lifestyle
One of the property's greatest strengths is its position.
East Brisbane offers the convenience of an inner-city address while retaining the atmosphere of an established residential neighbourhood. From Withington Street, the CBD is only minutes away, while The Gabba, Woolloongabba, Kangaroo Point and South Bank are all within easy reach.
The surrounding precinct continues to benefit from substantial investment and infrastructure, further strengthening the long-term appeal of this already tightly held inner-Brisbane location.
For investors, this represents an opportunity to secure a blue-chip property with genuine value-add potential. For renovators and owner-occupiers, it is the chance to take an existing character home and create something exceptional in a location where quality renovated homes are increasingly sought after.
Buy the location. Secure the land. Unlock the potential.
Opportunities with this combination of position, block size, substantial under-house space and renovation upside are becoming increasingly difficult to find this close to Brisbane's CBD.
Disclaimer:
All development, renovation, raising and building potential is subject to relevant council and other statutory approvals. Buyers should undertake their own investigations. References to surrounding sale prices are indicative only and should not be relied upon as a representation of the property's future value.
