With a generous 2340m2 of gently sloping land leading down to 23m of absolute river frontage, this property provides almost endless opportunities for savvy investors as well as those wishing to gain a foothold in the exclusive riverfront market. Renovate and extend the existing house, or demolish and build your dream home – the choice is yours for the making with all the essential elements of space, frontage and views already present.
The existing residence was built in 1952 to much architectural acclaim. It offers formal living and dining with a fireplace and a generous covered deck area with views. There are also four bedrooms and generous garaging for two vehicles. There is even the opportunity to install a private pontoon (STCA) to add that final touch to your new riverside lifestyle.
It is surrounded by leafy bushland which provides a great sense of privacy as well as a haven for local birdlife. And its position is also ideal at just minutes to a variety of good schools, transport and all the possibilities of Indooroopilly Shoppingtown. Furthermore, the area in which the property is located is currently experiencing a huge regeneration with many construction projects underway turning the zone into one of large executive homes and exclusive riverfront residences.
So take advantage of this opportunity to buy in at an entry level, make improvements then enjoy both the excellent lifestyle on offer now as well as the significant financial rewards in the future.