129 Erica Street

Cannon Hill QLD 4170

Set on a generous 701m corner block with dual frontage to Erica and Favril Streets, this freshly updated home offers broad appeal for homeowners, investors, and developers alike. With flexible living, a sizeable block, and potential for future development (STCA), this is an opportunity you don't want to miss.Option 1 Rent Out or Landbank:Recently refreshed throughout, the home is move-in ready or ideal as a low-maintenance investment. Two bedrooms plus a versatile third room (study, nursery, or guest room) Spacious air-conditioned living area Eat-in kitchen with brand-new stove New carpet, paint, blinds, ceiling fans, and two air conditioners Second toilet, separate laundry, water tank Fully fenced flat yard Single carport with additional off-street parkingOption 2 Future Development Potential (STCA):On its own, this wide, corner-positioned 701m allotment offers excellent potential for redevelopment whether that's building a new home or exploring a dual occupancy outcome (subject to council approval). For buyers with a bigger vision, the neighbouring property at 382 Richmond Road (also 701m2) is also available. Together, they unlock a rare 1,402m corner site with three-street frontage ideal for a three-lot subdivision or boutique townhouse project (STCA).Option 3 Knock Down and Build Two New Homes (STCA):A level site in this location is perfect for constructing two contemporary homes ideal for resale, investment, or multigenerational living (subject to council approval).Enjoy walkable access to Cannon Hill Plaza, bus and train stations, popular cafes, and quality schools. Families will love being directly across the road from Seven Hills Bushland Reserve, offering nature-filled walking trails and a tranquil weekend escape. Also close to Westfield Carindale, Camp Hill Marketplace, Minnippi Golf Course, Martha Street dining precinct, and Bulimba's Oxford Street.Situated just 9.8km from Brisbane CBD, this location offers convenience and lifestyle in equal measure. You're just a short walk to Seven Hills Bushland Reserve, perfect for bushwalks and outdoor family time. Also nearby: Cannon Hill Plaza, local cafes, Cannon Hill and Morningside train stations, Westfield Carindale, Camp Hill Marketplace, Minnippi Golf Course, Martha Street dining, and the vibrant Oxford Street precinct in Bulimba.Falling within the Cannon Hill State School and Balmoral State High School catchment areas, this fantastic property is also a short distance from Saint Oliver Plunkett Primary School, Cannon Hill Anglican College and Lourdes Hill College. Do not miss this exciting opportunity call to arrange an inspection today.Disclaimer This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.