In a tightly held and sought after pocket surrounded by quality homes, 21 Plimsoll Street presents a rare chance to secure a substantial 774m2 Low-Medium Density Residential 3 Storey Mix (LMR 3) zoned property with endless potential. Only ever held by two owners since its construction in the 1950s, this residence stands as a testament to the area's enduring appeal offering incredible convenience.
Positioned in one of Brisbane's most desirable inner-south locations 5.6km from the Brisbane CBD, this Greenslopes property appeals equally to owner occupiers, investors and/or developers seeking a foothold in a high-growth suburb.
Currently hosting a comfortable four-bedroom plus study post war home, the property offers immediate liveability and flexibility for those looking to move straight in, renovate, or rent out while planning a future project.
For Developers and Investors:
This post-war property provides an opportunity to capitalise on strong demand with a LMR 3 zoned development allowing for townhouses, boutique apartments, dual occupancy or potential subdivision for two separate substantial homes (STCA). 21 Plimsoll Street is in walking distance to all day-to-day amenities as well as effortless access to Greenslopes Private Hospital. Conveniently located to easy public transport access to the Brisbane CBD via the express bus, Brisbane Metro Bus, train as well as via the Pacific Motorway or Veloway 1 cycle path.
For Families and Owner-Occupiers:
Families can enjoy immediate comfort with space to grow, or the chance to create your dream home in a centrally located, elevated street falling within the sought after Holland Park State School and Cavendish Road State High School catchment areas. The convenience of being moments from the Greenslopes Shopping Mall and Greenslopes Marketplace is ideal for day to day living. Also being within walking distance to several local parks and facilities the property combines lifestyle and convenience with exceptional long-term upside.
A remarkable rare opportunity offering versatility and scope this property includes but is not limited to:
• 774m2 allotment with wide frontage in a tightly held street
• 2 Car Garage plus 2 Car Off-Street parking
• Existing four bedroom plus study post-war home - live in, lease, renovate or rebuild
• LMR 3 Low-Medium Density Residential (3 storey mix)
• Development flexibility for townhouses and/or boutique units, dual occupancy or subdivision (STCA)
• Extremely convenient to all day to day amenities as well as cafes, shops, public transport and quality local schools.
• Close to Greenslopes Private and Princess Alexandra Hospitals
• Easy access to the Brisbane CBD, Pacific Motorway to the Gold Coast and Sunshine Coast and surrounding suburbs
Opportunities of this calibre are rarely offered. Whether you are looking to design your dream home, undertake a quality redevelopment or secure a long-term land bank in a blue-chip location, 21 Plimsoll Street delivers the perfect balance of position and potential.
Auction, Saturday 29th November, at Ray White New Farm (612 Brunswick Street, New Farm from 2:00pm, if not SOLD prior.
To obtain further information or to arrange a private inspection, please contact Ben Osborne on 0419 752 008 or Matt Lancashire on 0416 476 480.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
*Plans and building subject to council approval.
