12 Caringbah Street, Wakerley QLD 4154

The Best homes often begin with the best blocks, and this property at 12 Caringbah Street, Wakerley exemplifies this principle perfectly. Situated on a level corner allotment measuring approximately 724 square meters, the property boasts an impressive combined frontage of about 54.6 meters. This generous land size not only adds significant value but also presents a rare opportunity for future development or personal enhancement.

This residence is set in one of Wakerley’s most established and sought-after pockets, occupying a high and level position that offers subtle views of the Brisbane skyline on clear days, underscoring its elevated and desirable location. The home was constructed in 1988 during a period when houses were designed with generous proportions, prioritizing space and comfort over maximizing every square meter of the lot. As a result, the residence provides a spacious, flexible, and substantial environment perfect for families.

Upon entering, one of the standout features is immediately apparent: the formal lounge area with soaring raked ceilings that fill the room with natural light and create an inviting, grand ambiance that is rarely found in newer homes. The property offers multiple living zones, providing versatility for various family needs and lifestyles. The practical floor plan accommodates four bedrooms and two bathrooms, ensuring comfort and convenience for everyday living.

Outside, the level corner allotment is the real highlight, offering diverse possibilities that are becoming increasingly scarce in Brisbane’s Bayside corridor. The spacious land facilitates options such as installing a swimming pool, constructing a substantial shed for boats or caravans, creating additional entertaining areas, or even building accommodation for extended family members. With relevant council approvals, there is potential to develop a secondary dwelling of approximately 80 square meters of habitable area, as well as associated non-habitable structures such as patios, carports, and storage spaces.

For buyers thinking about the long term, this property is an excellent investment allowing value addition over time without the limitations imposed by land size or site constraints. Some features of the home include a double remote lock-up garage, six split-system air conditioners, a Crimsafe front security door, rainwater tank, Colourbond fencing, and a separate downstairs shower and toilet, enhancing the property’s functionality and security.

The backyard is spacious with excellent future flexibility, and the land enjoys a favorable north-facing orientation. The property is not affected by flooding and has no known easements, which adds peace of mind for prospective buyers. Estimated rental returns are around $1,000 per week, reflecting its desirability within the local market. Located less than 18 kilometers from Brisbane CBD, the home offers convenient access to a variety of amenities.

The location itself boasts superb connectivity combined with a family-friendly environment. Nearby amenities include Mayfair Village Shopping Centre, Moreton Bay College, Moreton Bay Boys’ College, and public transport options such as bus stops and Manly Train Station. Recreational and lifestyle spots like Manly Harbour and Cannes Park are also within easy reach.

This property represents a unique combination of an impressive home and an equally impressive parcel of land with many possibilities. Whether you're looking for a comfortable family residence or a strategic investment with future development potential, 12 Caringbah Street stands out as an exceptional opportunity in the Bayside area.

Private inspections are available by appointment, providing prospective buyers the chance to explore the home, land, and development opportunities in a personalized and unhurried setting. Interested parties are encouraged to conduct their own enquiries regarding measurements, dimensions, and development potential, which is subject to council approval.