• Property Details
  • Agent
  • overview
  • Map
Residential
124 Stafford Road, Gordon Park, QLD, 4031

Property details

  • Property ID:
    22431
  • For Sale:
    Contact Agent
  • Area:
    676 m2 (*approx)
  • Type:

    Residential: Apartment Sites

  • Development Approved:
    Approval for 7 Apartments
Agency information
Salvatore Vasta
LOCAL EXPERT DIRECTORY
View all experts in your area here

Overview

1930S MULTI GABLE MIXED WITH QUEEN ANNE STYLE QUEENSLANDER IN RED HOT AND POPULAR LOCATION WITH A DEVELOPMENT APPROVAL

(ARTIST IMPRESSIONS TO SHOW HOW HOUSE COULD LOOK WITH SOME TLC AND SOME RENOVATION USING A MODERN COLOUR SCHEME , LANDSCAPED , REPAVED DRIVEWAY . AND POTENTIAL FOR MUCH MUCH MORE )


MASSIVE CHARACTER HOME IN TIGHTLY HELD GORDON PARK SITTING ON THE BEST PART OF 700M2 OR 676M2 TO BE EXACT. WITH A MORE THAN GENEROUS 18 METER FRONTAGE AND EXTRA HIGH WHITE PICKET FENCE, ALL AROUND CHILD FRIENDLY GROUNDS AND TERRACOTTA TILED ROOF.

THIS GRAND OLD LADY REFLECTS A PREVIOUS ERA OF GRACE AND CHARM. SHE DISPLAYS AMAZING CRAFTSMANSHIP FROM HER SILKY OAK WALL PANELING AND HER PLATE RAILS TO HER TIMBER BAR WITH LEAD LIGHT CUPBOARDS IN THE FORMAL LIVING ROOM WITH FRENCH DOORS.

AT A GLANCE:

- 3 BEDROOMS, 2 BUILT IN ROBES
- COLOURFUL LEAD LIGHT PANELS AT THE FRONT
- WIDE HALLWAYS
- SEPARATE SUN ROOM/STUDY
- BAY WINDOWS
- SLEEP OUT OFF THE MAIN BEDROOM
- DINING ROOM OR EXTRA SITTING ROOM AT THE REAR
- POLISHED HARD WOOD FLOORS THROUGHOUT
- UTILITY ROOMS , SHOWER AND TOILET AND FULL SECOND KITCHEN DOWNSTAIRS
- HEAPS OF STORAGE

- CURRENT RENTAL INCOME OF $600 P.WK.

- RECENTLY RENEWED DA FOR 7 X 2 BED, 2 BATH APARTMENTS


OPTION ONE: FOR OWNER OCCUPIER:
RENOVATE THIS BEAUTIFUL OLD GIRL TO HER FORMER GLORY AND BUILD IN UNDERNEATH
ADDING MORE BEDROOMS, RUMPUS ROOM, BATHROOM ETC. RE-PAVE DRIVEWAY AND FRONT PATH, RE-LANDSCAPE, MAYBE ADD A POOL, ADD SOME SHADE CLOTH AND PRIVACY SCREENING, PRIVACY TREES AND PLANTS AND YOU HAVE AN AMAZING HOME IN GORDON PARK ONLY 10 KMS TO THE BRISBANE CBD. SHORT DISTANCE TO CHERMSIDE SHOPPING CENTER AND ACCESS TO ALL THE TUNNELS TO TAKE YOU ON ALL THE SHORT CUTS TO THE AIRPORT, BRISBANE CBD, GOLD COAST ETC. ALL FOR A HALF OR TWO THIRDS OF WHAT YOU WOULD PAY IF YOU WERE TO BUY A RENOVATOR IN ONE OF THE SIDE STREETS / QUIETER PARTS OF GORDON PARK.


OPTION TWO: RENOVATE LIKE SUGGESTED ABOVE AND SELL FOR A BIG PROFIT.


OPTION THREE: FOR A SMALLER DEVELOPER OR OWNER BUILDER:
SELL THE HOUSE OR MOVE THE HOUSE TO A BLOCK OF LAND. EITHER SELL OR RENOVATE FOR A BIG PROFIT. CONSIDER JUST DEMOLISHING; BUT THAT SOUNDS LIKE SUCH A WASTE OF A GORGEOUS AND BEAUTIFUL PIECE OF HISTORY.
THE OWNER HAS BEEN TOLD BY COLONIAL TIMBER HOUSE SALES, IF THE HOUSE IS SOLD AS IS THE HOUSE ALONE WOULD BE WORTH BETWEEN $100 AND $150K. SO THAT CAN BE SUBTRACTED FROM THE PURCHASE PRICE OF THE PROPERTY MAKING DEVELOPMENT EVEN MORE PROFITABLE AND LUCRATIVE AS LAND COST HAS GONE DOWN CONSIDERABLY.
THIS IS ALSO PERFECT LOCATION FOR OWNER OCCUPIER OR RENTAL APARTMENTS.


OR CHANGE OR GET A NEW DA AND RENOVATE CURRENT HOME AND PUT TWO OR THREE TOWNHOUSES ON BACK OF BLOCK INSTEAD OF DOING THE 7 UNITS . S.T.B.C.C.A.


OPTION FOUR: INVESTOR TO BUY AND HOLD WITH RENEWED DA AND RENTAL INCOME
INVESTOR CAN PURCHASE THE HOME (CURRENTLY TENANTED FOR $600 P.WK) WITH POTENTIAL FOR MORE - DISCUSS WITH AGENT. LAND BANK WITH TOWN PLAN CHANGING IN THE FUTURE POTENTIALLY ALLOWING MORE GFA AND DENSITY, MEANING YOU MAY BE ABLE TO FIT MORE UNITS ON THE BLOCK OR BUILD HIGHER DOWN THE TRACK IN YEARS TO COME (ALL SUBJECT TO B.C.C.A.)

SELLER HAS GIVEN STRICT INSTRUCTIONS FOR TO ALL OFFERS TO BE PRESENTED IN WRITING - VERBAL OFFERS WILL NOT BE PRESENTED OR GIVEN ANY SERIOUS CONSIDERATION.

SALVATORE VASTA SELLING ALL BRISBANE AND ALL GOLD COAST.

Remember to mention you found this property on DevelopmentReady.com.au

Property Map
OTHER PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
Enquire Now