23 Chermside Street,

Grange

The best way to describe this property is structurally concerning, uninhabitable and possibly unsalvageable. However, beyond the obvious, the property sits across a level east to rear 810m2 block with two lots in the heart of one of Brisbane's most sought-after, leafy suburbs. This uninhabitable opportunity is truly golden. Consider overhauling the home into a significant and graceful family home, or explore sub division potential subject to council approval. Either option enjoys a stellar location on a quiet street walking distance from multiple cafes, the Kedron Brook parklands, quality schools and a short commute to the CBD.

• Block Dimensions: approximately 20m by 40m length with minimal slope
• Zoned Character Residential and already on two 405sqm lots
• Existing dwelling comprises 3 bedrooms, a bathroom and a sleep out
• Severe structural defects, plus historic and possibly current termite activity observed by seller
• Historic council approvals available on request for similar demolition/development examples
• If approved two brand new homes in this location can be exceptionally lucrative
• Located close to a fully renovated 810m2 Queenslander that just sold for $4.55M
• Sewer/Water infrastructure believed to be supplied from the street (source: Develo)
• Great proximity to Tunnel Links, Wilston Village shops/eateries, plethora of sporting clubs
• Don't miss out on a rare opportunity like this as it's unlikely to come around again