Let’s be completely blunt: family and lifestyle circumstances dictate that this property must and will be sold. The owners are desperate to dispose of the asset, which means the ball is entirely in your court. How much do you want to pay to turn this massive potential into serious profit?
Do your sums, make your offer, and you could be laughing all the way to the bank.
THE OPPORTUNITY: Renovate, Detonate, or Develop.
This is not an "airy-fairy" lifestyle listing. This is a cold, hard, lucrative opportunity sitting on a 703m² goldmine.
The Zoning: LMR3 Low-Medium Density Residential (Up to 3 storeys).
The Potential: Multi-unit dwelling, townhouses, or a lucrative splitting project.
The Proof: Look around you. There are numerous examples of completed, highly successful developments right nearby. (Any development is, of course, subject to Brisbane City Council approval).
THE HOUSE: Good Bones, Zero Sentimentality
We aren't going to dress it up—the value here is in the land and the zoning. But if you want to land-bank or rent it out while your DA is in council, here is what you are working with. It's a classic, high-set post-war cottage built to last with a hardwood frame and solid timber floorboards.
The Basics:
2 extra-large bedrooms upstairs with built-ins and ceiling fans.
Large living area with air conditioning + original cottage kitchen.
Covered front veranda + separate toilet upstairs.
Downstairs features a cool utility room with shower (ideal teenage retreat or study), separate storage, and a laundry room.
Bonus features: Solar power and solar hot water system installed, a fully fenced backyard, a double carport, and mature mango trees.
Location: Walking distance to the Moorooka train station, local services, and a rapid commute to the Brisbane CBD.
THE BOTTOM LINE
The sellers are not testing the market. They want a result on or before auction day. Whether you want to polish the post-war timber, knock it down and build a dream home, or develop it up to 3 storeys—this property must be moved.
Opportunities with this much raw upside and highly motivated sellers do not last.
Inspect, do your calculations, and make your move before someone else beats you to the bank.
