198 Hawken Drive, St Lucia QLD 4067

Set on an impressive 759 square metre elevated block in the prestigious suburb of St Lucia, this property offers a unique blend of immediate livability and long-term opportunity. The existing post-war home comprises four bedrooms and two bathrooms, presenting a valuable source of holding income while future development plans are explored.

The substantial size and positioning of the land provide multiple avenues for potential, including the prospect of subdivision subject to council approval. This is further supported by a neighbouring property that has already obtained subdivision consent, illustrating the area's promising development potential. The elevated terrain not only enhances privacy but also offers prospective city glimpses and views toward Mount Coot-tha, an appealing feature for future builds or renovations.

This property will attract a diverse range of buyers, from developers and investors seeking to capitalize on subdivision possibilities to families desiring a substantial landholding in a coveted educational catchment. Proximity to reputable schools, the University of Queensland, shopping centres, and the Brisbane CBD combine to offer both convenience and lifestyle benefits.

• Large 759 sqm elevated block in a blue-chip St Lucia locale
• Existing four-bedroom family home suitable for immediate occupation or rental
• Subdivision potential leveraging neighbouring council approvals (STCA)
• Elevated aspect providing potential for city and natural outlooks
• Access to high-quality schools within sought-after catchment areas
• Close to essential amenities, public transport, and education hubs

Overall, this property stands out as a rare opportunity to secure a strategic asset with flexible options across lifestyle, investment, and development in one of Brisbane's most sought-after regions.