This classic Queenslander is situated on a generous 620m2 block in a quiet, leafy street only moments from transport, Ballymore, QUT, RBH and the city. With a wide street frontage this property has in place a Development Approval which offers an immediate opportunity to build two upmarket townhouses at the rear of the block whilst maintaining and renovating the existing dwelling, returning it to its original style. The approved plans for the townhouses are thoughtfully designed by the architect to take advantage of natural light and ventilation, while maximising the existing space. Each comprises three bedrooms, 2.5 bathrooms, private courtyard and stylish open plan living space. The Queenslander is also attractive as an investment property, currently divided into two separate, self contained flats, returning $500 per week. Alternatively, the large, level rear garden presents the option to renovate and extend the existing dwelling to create a large family home. Take advantage of this unique development opportunity and maximise the property's potential in one of the fastest growing suburbs in Brisbane. For Sale Now $659,000 Tim Douglas 0413 877 000 $659,000 Tim Douglas : 0413 877 000