By Negotiation
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245 Riding Road, Balmoral QLD 4171

House
321
Block size: 810 m² approx.

Prestigious dual frontage 810m2 with limitless options

Auction: On-site Saturday 23rd October 2021 at 2:00pm

An unmatched opportunity to secure a prime site within one of Brisbane's most exclusive family suburbs. Moments from the riverfront, coveted schools, and popular Oxford Street lifestyle precinct, this large corner block with pre-war Queenslander presents a multitude of opportunities.

Set across 2 lots, the 810 sqm allotment presently accommodates a classic high set Queenslander, ripe for renovation. Impressively maintained period features include soaring ceilings, VJ walls,
picture rails, timber fretwork and hardwood floorboards protected for decades beneath carpeting.

The home features an exceptionally spacious floorplan across its elevated living level, with a central lounge, formal dining room, huge traditional kitchen plus three bedrooms, study, and a sleep-out. Its sense of light, openness, and charm is certain to inspire a stunning renaissance, while the property's versatility is a rare find in this thriving locale.

Options for the property include*:
- Raise and renovate the existing dwelling to create one stunning family character home on a double block
- Take advantage of the dwelling's position on the block, opportunity to sub-divide, build and sell two/multiple properties (existing dwelling must be retained)
- Raise and renovate the existing dwelling on Lot 1 and retain the adjoining vacant lot for future sale or redevelopment

Comfortably updated with air-conditioning and a stylish modern bathroom, the property is more than suitable to be lived in or rented out while future plans are undertaken.

Just 5km from the CBD, this address is just a short walk from the dynamic Oxford Street precinct with its cafes, restaurants, cinemas, supermarket, boutique shops, health and fitness amenities. Footsteps to bus stops and minutes from the City Cat and riverside parkland, it sits within catchment and metres of the coveted Bulimba State School, as well as moments from Sts Peter and Paul's
Primary, Lourdes Hill College and a choice of excellent kindergartens/childcare centres. Brisbane's elite private colleges, universities and world-class cultural precincts are also within easy reach.

A rare lifestyle or development opportunity not to be missed.

*Subject to Brisbane City Council Approval

Inspections

No open inspections scheduled.

Send an enquiry

Contact Clinton Unnasch to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
2
Garage Spaces:
1
Property type:
House
Block Size:
810 *

Other Details

Lot:
23
Plan Type:
RP
Plan:
12824
Legal description:
23/RP12824
Ray White Holland Park

Maps and area information

Block information
Block size: 810 (approx)
Legal description: 23/RP12824
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

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We found 50 houses with 3 bedrooms that just sold near 245 Riding Road Balmoral

Property history

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Balmoral suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
4,173
Listing ID: 179954554. This listing has been viewed 198 times. It was first displayed on 05/10/2021 and last updated on 25/10/2021.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.