24 Ridge St, Greenslopes is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 693m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Greenslopes in the last 12 months.
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Occupying an expansive 693sqm allotment in the highly coveted Greenslopes, this three-bedroom character home not only boasts stunning traditional details and breathtaking views but also presents an unparalleled opportunity for developers and land bankers alike. With the potential for a duplex, second residence or even a swimming pool STCA, this dual-level property, spread across two titles, stands as a prime example of a lucrative land bank.
The property, currently a canvas ready for your creative touch, impresses from the outset with its grand traditional facade and charming picket-fenced front gardens. Inside, the residence features lofty 3.6-metre-high ceilings, VJ walls, elegant timber floors, and French doors, setting the stage for a truly elevated living experience.
Step into a generous living area that seamlessly extends to a covered wrap-around verandah, offering panoramic views of tree-dotted Greenslopes and the iconic city skyline beyond. This exceptional al fresco space is not just an extension but an opportunity - envision it as the perfect setting for future gatherings or the foundation for additional developments.
The well-equipped kitchen, adorned with quality appliances and ample cupboard storage, complements the sizable dining area, creating a perfect blend of functionality and style. Downstairs, a spacious concreted entertainment area opens up to a landscaped rear yard, presenting the potential for separate self-contained dwelling (STCA).
Upstairs, an ensuited master bedroom is accompanied by two additional bedrooms, while a newly-renovated main bathroom with floor heating adds a touch of luxury. The property also caters to those who work from home with a dedicated study on the ground level and a workshop area boasting a sink basin and superb storage.
With a secure garage, two undercover parks, room for up to three additional vehicles, loft storage, laundry chute, USB ports, and air-conditioning, this residence seamlessly combines practicality with comfort.
Located mere steps away from an array of shops and dining options, this outstanding property is conveniently situated near city-bound bus stops and Thompson Estate Reserve's playgrounds. Proximity to medical facilities, including Greenslopes Private, Princess Alexandra, Mater, and Queensland Children's hospitals, adds to the appeal. Don't miss this chance to transform this property into a lucrative development opportunity or a strategic addition to your land bank portfolio.
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.
The size of Greenslopes is approximately 2.5 square kilometres. It has 11 parks covering nearly 10.5% of total area. The population of Greenslopes in 2011 was 8,564 people. By 2016 the population was 8,939 showing a population growth of 4.4% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation. In 2011, 42.5% of the homes in Greenslopes were owner-occupied compared with 40.8% in 2016.
Greenslopes has 4,688 properties. Over the last 5 years, Houses in Greenslopes have seen a 77.85% increase in median value, while Units have seen a 91.16% increase. As at 31 October 2024:
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