Set in a prosperous neighbourhood, this tired 1950’s home is unlikely to be salvaged with the greater value in obtaining council approvals to remove the house and subdivide the 822 square metre block with 2 lots on the one title.
The highset house includes ornate plaster cornices and timber flooring throughout but the overall accommodation is dilapidated. With weatherboard and corrugated iron foundations, inside comprises of a lounge, kitchen, bathroom/toilet, two bedrooms plus sleep-out that would be a major assignment for only the most dedicated renovators.
With Graceville Primary, Corinda High, Graceville train station, cinema, cafes, bus transport, sporting and shopping facilities in the near vicinity and the CBD just over 10 kilometres away, the position is amazing. In close proximity to all major facilities and within a pleasant street, this restoration or subdivision opportunity should be researched in preparation for auction day next year.

Auction On-Site
Saturday 9th February 2019 at 1:30pm
Inspections
Saturday 26th January & 9th February, 2019 between 1:00pm and 1:30pm.
All other inspections by appointment only

Area: 822sq m
Zoning: CR1 Character Zone
RPD: Lot 17 on RP29422
Terms: 5% deposit. Balance 42 Days cash, unconditional settlement

www.pt.qld.gov.au