Teneriffe Character With Big Potential

In the heart of Brisbane's ultra-luxury Teneriffe market, supported by tightly held housing stock, livability, and proximity to both the CBD and Brisbane River, is this wonderfully elevated character residence. Its premium lifestyle location and capital growth forecasts are immense, as the city matures ahead of the 2032 Olympics.

Private and east-facing, with an aspect towards Teneriffe Hill capturing gentle morning light and refreshing cross-breezes, this is a move-in ready opportunity with enormous value-add potential and the existing convenience of two off-street car parks.

Set among the trees, the original three-bedroom, two-bathroom house showcases charming character features including a welcoming front deck, timber flooring, soaring ceilings and VJ panelling. A central living and dining area and adjoining kitchen open out onto a backyard oasis of covered outdoor entertaining surrounded by lush gardens.

As a strategic real estate move, there are multiple options. Enjoy as is while planning a longer-term equity uplift, or consult an architect and embark on a renovation project immediately (STCA). Zoned low-medium density residential (3 or 4 storey mix), with significant scale to build underneath, effectively doubling the internal floorplan.

316 Harcourt Street, Teneriffe offers:
• Elevated, east-facing original Teneriffe home with two off-street car parks
• Beautiful inner-city Queenslander cottage with excellent capital growth potential
• Three bedrooms, two bathrooms, large living/dining and kitchen
• Private front timber deck, rear oasis of covered entertaining and mature gardens
• Timber flooring, soaring ceilings, VJ panelling, air-conditioning, louvres
• Large underfloor area offering potential to raise and build underneath (STCA)
• Zoned low-medium density residential (3 or 4 storey mix)
• Walk to James Street, Gasworks, Howard Smith Wharves, New Farm Park
• Excellent access to bus and CityCat services, 16 minutes to Brisbane Airport
• Surrounded by leading Brisbane schools

Auction, Saturday 14th November at The Calile Hotel, 48 James Street, Fortitude Valley, from 8:30am

For further information or to arrange a private inspection, please contact Annette Richards on 0433 100 433.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Inspections

Auction

Saturday, 14 November Starts 9:00 AM The Calile Hotel

Explore the area

School catchments

New Farm State School Primary Prep-6 Government 0.64km
Music Industry College Secondary 11-12 Independent 0.94km
Fortitude Valley State Secondary College Secondary 7-12 Government 0.97km
Holy Spirit School Primary Prep-6 Catholic 1.1km
Angelorum College Combined Prep-10 Independent 1.3km
All Hallows' School Combined 5-12 Catholic 1.4km
Humanitas High School Secondary 7-11 Independent 1.4km
Humanitas High School - Initial Campus Secondary Independent 1.5km
St James College Combined 5-12 Catholic 1.7km
St Joseph's College - Waterford Place Campus Combined Catholic 1.7km
Indie School, Logan - Brisbane City Campus Secondary Independent 1.7km
The BUSY School - Brisbane Campus Secondary Independent 1.8km
Brisbane Central State School Primary Prep-6 Government 1.9km
Sts Peter and Paul's School Primary Prep-6 Catholic 1.9km
Bulimba State School Primary Prep-6 Government 2.0km
St Joseph's College Combined 5-12 Catholic 2.0km
Lourdes Hill College Combined 5-12 Catholic 2.1km
The Industry School - Brisbane Secondary 10-12 Independent 2.3km
IES College Secondary 12 Independent 2.3km
Morningside State School Primary Prep-6 Government 2.4km
Brisbane Girls Grammar School Secondary 7-12 Independent 2.6km
Brisbane Girls Grammar School - Primary Campus Primary Independent 2.6km
Ascot State School Primary Prep-6 Government 2.7km
St Margaret's Anglican Girls School Combined Prep-12 Independent 2.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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