17-21 Tenth Avenue, Coorparoo QLD 4151

For Sale

Buy one or buy all three! Elevated three-lot property in Coorparoo with magnificent city views - 5km to the city

Nestled on the quiet and elevated Tenth Avenue in Coorparoo, this exceptional property presents a unique and versatile opportunity for discerning buyers. With an opportunity to acquire a soon-to-be cleared & desirable 405m2 block.

Individual Lot Acquisition:
There is a unique opportunity to acquire Lot 525 individually. The 405m2 lot is a flat rectangular block with a 10m frontage and amazing city views.

Location and Views:
Positioned in a tranquil street, the property enjoys an elevated position, offering serene surroundings and breathtaking city views. Its proximity to the city, merely 5km from Brisbane CBD, makes it an ideal location for those seeking a balance between suburban tranquility and urban convenience.

Versatile Opportunities:
The versatility of this property is a key highlight. Whether you are looking to land bank for future growth, embark on a development project, build your dream home, renovate the existing residence, or pursue a combination of these options, this property caters to a diverse range of aspirations.

Flood-Free and Elevated:
One of the exceptional features of this property is its flood-free status. This, combined with its elevated position, ensures safety and enhances the land's appeal and value. In a region where flood concerns can be significant, this property stands out as a secure investment.

Land Size and Configuration:
The property boasts a generous land size of 1215m2, spread across three lots. This provides a significant canvas for various development options, ensuring ample space for creative endeavors or future expansions. Currently, the property boasts an updated pre-war home that contains 4 well-sized bedrooms, 1 bathroom with a 2nd toilet downstairs, 3 bay carport, ample under-house storage, and an office. The home has undergone a renovation in recent years and is currently rented for $850 per week.

Olympic Precinct Proximity:
In addition to its city proximity, the property is within walking distance to the soon-to-be Olympic Precinct. This strategic location is not only beneficial for residents but also positions the property within an area of potential growth and increased desirability.

Zoning and Development Potential:
The property sits within an LMR (Low-Medium Density Residential) zoning, allowing for a mix of 2 or 3-storey developments. With level blocks and full street frontage, the favorable zoning conditions provide an excellent foundation for various development projects. Situated on a sprawling 1215m2 land parcel spanning three lots, this residence offers an array of possibilities, from development ventures to creating your dream home.

In conclusion, 17-21 Tenth Ave, Coorparoo presents a rare and compelling opportunity in the real estate landscape. The combination of its substantial land size, favorable zoning, quiet locale, proximity to the city, and adjacency to the future Olympic Precinct makes it an investment that checks all the boxes. Whether you're looking to develop, build, or secure a prime piece of land, this property offers a myriad of possibilities that are not to be overlooked."

Disclaimer:
This property is being sold 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 purpose.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details

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