245 Riding Road,
Balmoral 4171, Queensland

Auction: On-site Saturday 23rd October 2021 at 2:00pm

An unmatched opportunity to secure a prime site within one of Brisbane's most exclusive family suburbs. Moments from the riverfront, coveted schools, and popular Oxford Street lifestyle precinct, this large corner block with pre-war Queenslander presents a multitude of opportunities.

Set across 2 lots, the 810 sqm allotment presently accommodates a classic high set Queenslander, ripe for renovation. Impressively maintained period features include soaring ceilings, VJ walls,
picture rails, timber fretwork and hardwood floorboards protected for decades beneath carpeting.

The home features an exceptionally spacious floorplan across its elevated living level, with a central lounge, formal dining room, huge traditional kitchen plus three bedrooms, study, and a sleep-out. Its sense of light, openness, and charm is certain to inspire a stunning renaissance, while the property's versatility is a rare find in this thriving locale.

Options for the property include*:
- Raise and renovate the existing dwelling to create one stunning family character home on a double block
- Take advantage of the dwelling's position on the block, opportunity to sub-divide, build and sell two/multiple properties (existing dwelling must be retained)
- Raise and renovate the existing dwelling on Lot 1 and retain the adjoining vacant lot for future sale or redevelopment

Comfortably updated with air-conditioning and a stylish modern bathroom, the property is more than suitable to be lived in or rented out while future plans are undertaken.

Just 5km from the CBD, this address is just a short walk from the dynamic Oxford Street precinct with its cafes, restaurants, cinemas, supermarket, boutique shops, health and fitness amenities. Footsteps to bus stops and minutes from the City Cat and riverside parkland, it sits within catchment and metres of the coveted Bulimba State School, as well as moments from Sts Peter and Paul's
Primary, Lourdes Hill College and a choice of excellent kindergartens/childcare centres. Brisbane's elite private colleges, universities and world-class cultural precincts are also within easy reach.

A rare lifestyle or development opportunity not to be missed.

*Subject to Brisbane City Council Approval