7 Lexington Street
Alderley, QLD 4051

This well-maintained family home is situated on a spacious, level, and child-friendly 885 square meter block with a wide frontage of just over 20 meters. The property has been lovingly cared for by the same family for 28 years, and it now presents an excellent opportunity for new owners to enjoy or develop.

The property offers multiple options for prospective buyers:

• Live in the existing home and enjoy the generous space both inside and out, while benefiting from the land's future potential as large blocks like this are becoming increasingly rare.
• Demolish the current house and build your dream home on the entire block, creating a perfect inner-city estate.
• Demolish the house and subdivide the land into two lots (subject to council approval), capitalizing on the demand for newly built homes in the area.

Entering the home on the lower level, you will find a versatile space that is just short of legal height but offers great functionality. This level includes two utility rooms that can serve as bedrooms, a study ideal for working from home, a spacious rumpus room, a renovated bathroom, an internal laundry, and a large four-car garage equipped with an inground inspection pit and workshop.

The upper level features two double bedrooms with a two-way bathroom, a modern kitchen, and a music room that extends from the front balcony, providing a perfect spot to enjoy mountain views. The lounge and dining areas boast polished hardwood floors and ornate plaster ceilings, adding character and charm. A large rear deck flows gracefully to a huge inground pool and a lush green yard, creating an ideal space for entertaining family and friends on any scale.

The location enhances the appeal of this property. It is nestled in a quiet, leafy, and sought-after pocket with excellent amenities nearby. The 40-hectare Banks Street Reserve is just around the corner, along with convenient access to bus stops, Alderley Coles shopping center, and the train station within walking distance. Popular cafes are a short stroll away, many highly regarded schools are easily accessible, and the Brisbane CBD is only 6 kilometers away.

Properties of this size and quality are rare to the market, making this a unique opportunity to secure a valuable asset with assured capital growth potential. Act quickly to make this much-loved family home yours.