20 Prospect TerraceHighgate Hill QLD 4101
Property Details for 20 Prospect Tce, Highgate Hill
20 Prospect Tce, Highgate Hill is a 7 bedroom, 2 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 7 bedroom House sold in Highgate Hill in the last 12 months.
Last Listing description (August 2024)
Discover an unparalleled opportunity to own a magnificent property at 20 Prospect Terrace, Highgate Hill offering endless potential and versatility. This unique estate, featuring two quality homes on a single title, is a rare find in today's market and presents a wealth of possibilities for the discerning buyer.
Step into the front house and be welcomed by glorious hardwood floors and stunning bespoke cabinetry. This home, never before offered in its current condition, exudes charm and sophistication. It features four spacious bedrooms. The stylish stone top kitchen is perfect for culinary enthusiasts, and the open plan living and dining zone is designed for entertaining. The chic bathroom includes a separate toilet. Additional features include a downstairs garage, storage, workshop space, laundry, and powder room. The inviting front veranda leads you into a beautiful living space that seamlessly combines traditional elegance with modern amenities.
The rear residence is a character-filled gem, boasting traditional VJ walls and beautiful light fittings. With three charming bedrooms and a delightful front porch, this home blends timeless charm with contemporary comforts. The well-appointed kitchen includes a cozy meals area, and the sunroom at the rear is an ideal retreat to unwind and connect with family. The well-maintained bathroom and separate laundry add to the convenience of this lovely home.
Beyond the existing homes, this property offers remarkable development potential. You can subdivide the lot into two separate titles, allowing for the creation of individual residences, or reimagine the estate into multiple terrace homes with rooftop views to maximise the spectacular city vistas. The north-facing rear provides an ideal orientation for capturing natural light and enhancing the living experience. The possibilities are indeed endless. Live in one home and rent out the other or accommodate extended family members in a multi-generational living arrangement. With ample space for redevelopment, you can transform this estate into a dream community, maximising its value and appeal.
Situated in the highly sought-after suburb of Highgate Hill in Brisbane, this property is perfectly positioned to take advantage of the vibrant local lifestyle. Known for its leafy streets, eclectic mix of cafes, and close proximity to the Brisbane CBD, Highgate Hill offers a unique blend of urban convenience and suburban tranquillity. Excellent schools, parks, and public transport options are all within easy reach, making this an ideal location for families, professionals, and investors alike. The property is in the Brisbane State High School catchment and is a short walk from both St Laurence's and Sommerville House.
Investors will appreciate the potential rental return and the potential for future capital growth. Developers will see the opportunity to create a sought-after residential enclave in a prime location. Homebuyers will envision their dream residence taking shape in this versatile and expansive property.
Embrace the chance to own a property with such immense potential at 20 Prospect Terrace. With its myriad of development opportunities and prime location, this estate is a rare gem waiting to be transformed into something truly spectacular.
*This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
*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.
Property History for 20 Prospect Tce, Highgate Hill, QLD 4101
- 19 Sep 2024Listed for Rent $950 / week
- 29 Aug 2024Sold for $2,585,000
- 06 Aug 2024Listed for Sale For Sale
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About Highgate Hill 4101
The size of Highgate Hill is approximately 1.3 square kilometres. It has 5 parks covering nearly 1.8% of total area. The population of Highgate Hill in 2011 was 5,823 people. By 2016 the population was 6,225 showing a population growth of 6.9% in the area during that time. The predominant age group in Highgate Hill is 20-29 years. Households in Highgate Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highgate Hill work in a professional occupation. In 2011, 41.3% of the homes in Highgate Hill were owner-occupied compared with 43% in 2016.
Highgate Hill has 3,143 properties. Over the last 5 years, Houses in Highgate Hill have seen a 81.63% increase in median value, while Units have seen a 65.62% increase. As at 31 October 2024:
- The median value for Houses in Highgate Hill is $1,917,849 while the median value for Units is $835,232.
- Houses have a median rent of $650 while Units have a median rent of $550.
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