30 Malthus Street

Carina QLD 4152

Currently accommodating a rock-solid yet largely original 1950's post-war home, options for the elevated site are endless. All you need to do is look directly next door and further down the street to see what is possible- construction of a luxurious new multi-level family residence*.

Alternatively, take advantage of the existing property's great bones, high ceilings, and versatile indoor-outdoor spaces to undertake a full modern renovation- with outstanding scope to extend into the deep front and/or rear grounds.

For buyers looking to landbank the property for future development, a quick low-cost refresh (think new paint, carpet and few basic inclusions) is all that is required to obtain a good rental return. Likewise, leasing out the comfortable property during the rebuild/renovation planning stages will minimise holding costs.

Property highlights:
- Renovate, knock-down rebuild or lease/landbank on a huge, near-level, north-east corner block
- Two expansive street frontages both with driveway access onto the property
- Quiet elevated position in sought-after family pocket filled with new high-end homes
- Solid but original post-war home; well maintained by its owner occupier of 32 years
- Spacious lounge, adjoining dining & traditional eat-in kitchen; scope to open-up the floorplan
- Large kitchen with modern cooktop; excellent storage, & access onto a covered entertaining deck
- 2 generous bedrooms serviced by the original central bathroom
- Single lock-up garage; double carport plus onsite accommodation for a boat, caravan, trade vehicles
- Options: renovate/extend/add bedrooms, new deck & swimming pool or knock-down-rebuild*
- Landbank and lease out- rental appraised at $650-$680 per week
- Brisbane Council Rates $599.33 per/qtr

Location Highlights:
- Peaceful leafy 'Res A' zoned street (free from townhouse/unit developments)
- 4-minute walk to express CBD buses on Stanley Road; close to parks/Seven Hill Bushland Reserve
- 5 min walk to the popular local Backstreet Espresso caf and Kenrose St bakery
- 5 min walk to the family-friendly Carina Bowls Club with the popular Pancho's Pizza restaurant
-10 min walk to North Carina shopping village with caf, gourmet IGA, bakery and quality butcher
- 5 min drive to extensive retail, dining and cinemas of Westfield Carindale
- Walk to childcare/kindergartens, Mayfield State School, St Martin's Primary & San Sisto College
- Access in minutes to other top colleges including Villanova, Loreto, CHAC, Whites Hill State College
- 10 min walk to the Clem Jones health, fitness and swim centre
- 5-minute drive from the new Minnippi public golf course and driving range
- Swift access onto arterial roads for easy connectivity to the CBD, Airport, Bay and Coast

*Subject to Brisbane City Council Approval

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.

Please note the following when attending our open homes:
"The attendee acknowledges that at all times while attending the open home/inspection they do so at their own risk and that the attendee (and other people in the care and control of the attendee) will not hold the owner, agent or any of their employees, contractors or agents liable for any personal injury, death, loss, theft or damage to their personal property, whether caused by the negligence of the owner, agent, their employees, contractors or agents, howsoever caused."