61 Collins Street

Nundah QLD 4012

Positioned in one of Nundah's most peaceful, tree-lined streets, this elevated Queenslander on 810m2 combines timeless character, thoughtful updates and rare development potential in a tightly held location.Zoned LMR2 with an existing Development Approval valid through 2027 for 5 x 3-bedroom townhouses with parking, this property presents an exceptional opportunity for developers, investors or savvy buyers seeking a value-add project. The existing character Queenslander will be preserved and redeveloped into two stylish front townhouses, maintaining its charming faade, while three contemporary townhouses will be constructed at the rear, creating a modern boutique complex. Whether you choose to develop immediately, hold as a future project or landbank while benefiting from the current residence, this is an unmissable opportunity.Showcasing classic features including soaring ceilings, polished timber floors, VJ walls and stained-glass windows, the home carries the warmth and integrity of its heritage roots. The front veranda offers the perfect entry, leading into generous living zones that unfold with ease and natural flow.The home's footprint is incredibly functional, offering three spacious bedrooms, a separate study and two living zones with a central lounge area filled with natural light. The kitchen is well-equipped with a gas cooktop, butler's pantry and plenty of bench space, flowing effortlessly to the rear entertaining patio that takes in leafy, established surrounds. Downstairs, the undercroft area provides secure garage parking, ample storage, plus space for additional vehicles, a trailer or boat.The beautifully maintained existing residence provides an immediate source of comfort or rental income while you plan future options. With its boutique development approval in place, the property also holds significant upside potential for builders or investors looking to capitalise on Nundah's strong demand for quality townhouse living.Key Features: Zoned LMR2 with DEA approval for 5 townhouses (STCA) Traditional Queenslander on a large 810m2 block Preserved with classic VJ walls, timber floors & stained glass Three generous bedrooms plus dedicated study Central living and dining spaces with great natural flow Modern kitchen with gas cooktop, Miele dishwasher & butler's pantry Entertainer's rear deck and traditional front verandah Secure garage, large under-house storage & extra off-street parking Zoned LMR2 with DEA approval for 5 townhouses (STCA)Location Highlights: Quiet, elevated street minutes from Nundah Village Close to parks, cafes and major transport links Easy access to the airport, Gateway Motorway & CBD Within catchment for Nundah State School & Aviation High Near top private schools including St Joseph's Nudgee College, Mary MacKillop College & St Rita's CollegeFor more information or to arrange an inspection, contact Karl Garufi on 0421 703 387 or Dana Collett on 0467 029 702.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.