14 Union Street
Taringa, QLD 4068

This property is a prime 995 square meter block that has been fast-tracked with Development Approval for six townhouses, alongside plans to restore the existing Queenslander home in its current location. The site is ready for immediate redevelopment, offering a unique opportunity for investors or developers.

The existing home is currently configured as duplex accommodation and is generating rental income, providing an option to attract rental returns while constructing the new townhouses. The elevated north-facing block overlooks Oakman Park, providing beautiful leafy views and a serene parkside position.

• The residence is a highset home featuring traditional Queenslander architectural elements.
• It is well suited for redesign and improvement through a full renovation.
• The property offers an extremely rare opportunity to build five ready-to-go dwellings.
• Its location is premier, situated within 200 meters of Brisbane Boys' College and just one kilometer from Toowong Village.
• Convenient access to public transport is available, with bus stops nearby and close proximity to Taringa and Toowong train stations.
• Educational institutions such as Queensland Academy-SMT are close by, and the University of Queensland is just three kilometers away.
• Indooroopilly Shopping Centre is only a few minutes away, and the Brisbane CBD is approximately 10 kilometers from the property.
• The premium inner-west location is highly sought after, with strong demand from owner-occupiers.

This property combines exclusivity with city convenience, delivering extraordinary lifestyle appeal. It is an excellent prospect for those looking to invest in a high-demand area with significant redevelopment potential.