Presented to the market for the first time in over 30 years, this much-loved family home isn't a project for the fainthearted - but for the astute buyer, developer, or dream-home creator, it's an unmissable chance to secure a rare, elevated parcel and character home in a tightly held, high-performing suburb.

Set on an expansive 810 square metres across two lots, the options here are golden. Perfectly elevated, with a prized south-to-north facing rear, this position captures sweeping suburban views all the way to Moreton Island - and those cooling breezes that only an elevated position like this can offer.

Restore and reimagine the existing character home into a remarkable family residence, or explore the development potential, subject to council approval.

Property features:

• Generously sized three bedrooms with fans, floor to ceiling wardrobes

• 12 foot high ceilings with lots of natural light

• Character features of wide pine floorings, vj walls and original breezeways

• Split system air-conditioning / heating

• Central stairwell to downstairs living

• Spacious kitchen with huge gas stove top and oven

• Combined lounge and dining to the rear connecting to the spacious rear deck

• Large, north-facing rear entertaining deck

• Downstairs features large rumpus room with pot belly stove, laundry and storage

• Fully fenced and internal access to downstairs

• Pool empty but filter still functional

• Car accommodation for 3 vehicles off road

• Several defects

• Solar approx 5kw

• Water Tank 5000l

Site features:

- 810m2 - 2 x 405m2 lots

- Block Dimensions: approximately 20.6m by 40.2m length falling away from the street

- Prized north facing rear

- Sweeping views and breezes

- Zoned Character Residential and already on two 405sqm lots

- If approved two brand new homes in this location can be exceptionally lucrative

- Great proximity to Tunnel Links, Wilston Village shops/eateries, plethora of sporting clubs

Yes, the home has seen better days - but its bones are beautiful, its character undeniable, and its possibilities immense. With fully renovated homes on 810 square metres in this pocket achieving close to five million dollars, the potential return is outstanding.

Elevated. Breezy. Blue-chip.

This is the opportunity of a generation and it's ready for you to make it your own. Please get in touch with Holly Bowden on 0431 922 110 for further information