SoldSep 21, 2026

5 Albar Street, Wavell Heights, QLD, 4012

$2,050,000

3
2
4
199 m²
1242 m²

House

26 days on the market

Sold: Sep 21, 2026

What's around 5 Albar Street

A Rare 1,242m² Landholding with Exceptional Development Potential

Presenting an increasingly rare opportunity in the heart of Wavell Heights, 5 Albar Street combines an expansive 1,242m² landholding, approximately 21m frontage and an immaculately maintained post-war home with exciting potential for the future. Offering exceptional versatility for developers, investors, land buyers and families alike, preliminary concepts illustrate the potential to subdivide the property into two generous allotments of approximately 621m² each, or explore a three-lot configuration of approximately 345m² to 385m². Alternatively, retain the substantial existing home, renovate and enjoy an extraordinary parcel of land in one of Brisbane's most sought-after northern suburbs. Lovingly maintained throughout its life, the existing weatherboard residence is remarkably spacious and presents in exceptional condition for its era. Largely original, its 2.7m ceilings, traditional casement windows and generous proportions retain the character of the home, while providing an excellent foundation for a future renovation. The floorplan offers considerably more space than first impressions suggest. Two generous living areas are complemented by a dedicated study and separate dining room, while the central kitchen provides extensive timber cabinetry, excellent storage and an easy connection between the home's living spaces. To the rear, an impressive second living area stretches across the width of the home, with a wood-burning fireplace creating a warm focal point and windows capturing an abundance of natural light. Three well-proportioned bedrooms include a generous main bedroom with extensive built-in wardrobes, while two bathrooms provide additional practicality. Downstairs, a separate multipurpose room creates further flexibility alongside substantial under-house storage, with a detached double garage positioned to the rear. Outside is where the remarkable scale of the property truly reveals itself. Beyond the home, an enormous backyard unfolds across expansive lawns framed by established gardens and mature trees — an increasingly rare amount of space within this tightly held Wavell Heights setting. For those looking towards the future, the sheer scale and configuration of the 1,242m² allotment create a compelling opportunity. Explore a potential subdivision, renovate the existing residence, secure a substantial landholding for the years ahead, or investigate a combination of options to maximise the property's potential. Additional Property Features Expansive 1,242m² allotment Approximately 21m street frontage Potential two or three-lot subdivision configurations* Three generous bedrooms with built-in wardrobes Dedicated home office Two bathrooms Multiple living and dining areas 2.7m ceilings and traditional casement windows Wood-burning fireplace Mitsubishi split-system air conditioning Ceiling fans Detached double garage Separate multipurpose room Extensive under-house storage Established gardens and expansive backyard Conveniently Located 80m to Hamilton Road shops 180m to Rilatt Park 1.5km to Wavell Heights State School 1.6km to Our Lady of the Angels Catholic Primary School 2.2km to Wavell State High School 2.2km to Westfield Chermside 3.5km to The Prince Charles Hospital 5 Albar Street represents a rare combination of immediate usability and outstanding future potential — an exceptional landholding offering the space, flexibility and possibilities that are becoming increasingly difficult to secure in Wavell Heights. *Subdivision concepts are indicative only and subject to Brisbane City Council approval and all relevant planning requirements. Buyers should undertake their own investigations and obtain independent professional advice regarding any proposed development or subdivision.

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