243 Richmond RoadMorningside QLD 4170
Property Details for 243 Richmond Rd, Morningside
Last Listing description (June 2024)
Once-in-a generation opportunity - Expansive family home or entrepreneurial haven
Substantial size, versatility, and a prime location between Morningside's dining precinct and Cannon Hill Shopping Centre; this instantly liveable double-storey brick residence encompasses a very special package. With exciting potential to be revealed, it's absolutely not to be overlooked by large families, first home buyers, and home-based entrepreneurs looking to break the modern mould.
Tucked among meticulously-kept lawns on 556m2, this charming residence offers a surprisingly generous layout with multiple break-out zones, a tidy kitchen featuring modern appliances, and four upper-floor bedrooms including a huge master with an ensuite and private balcony. The story in its allure lies within the attached shopfront; run for some 20 years as a butcher shop by the same family who have tenderly cared for the home as they raised children and grandchildren here, the epic opportunity now lies in its potential to use as one expansive family residence, plant your home-based business, or approach it as a potential goldmine with live-in lease-out options on the cards (STCA).
Ready to complete, all the right ingredients to create a comfortable self-contained studio, additional living, or office space are already here with separate entry, side-access parking, and a plumbed workspace easily converted to a kitchen/ kitchenette. A stand-out opportunity for savvy buyers, this space would be well-suited to a salon, yoga studio, beauty & health services, consulting firms, or a commercial/ghost kitchen, to name a few.
Highlights:
- Main bedroom feat. ensuite, balcony
- Generous layout with multiple break-out zones
- Shop front adjoins residence on top level - extend the layout or maintain separation
- Potential to convert shopfront to additional living/ self-contained studio/ home-based business (STCA)
- Single bay carport with plenty of side-access driveway parking
Perfect for active households, this exciting address is just footsteps from 50 hectares of scenic walking trails throughout Seven Hills Bushland Reserve, plus both Blue Poppy Cafe and St Olliver Plunkett's primary are just around the corner. Moments from CHAC, Morningside Central Shopping Centre, and Morningside Tennis Centre, it's also effortlessly linked to the CBD by bus services, plus both Morningside and Cannon Hill train Station.
Rates $545 p.q approx
Property History for 243 Richmond Rd, Morningside, QLD 4170
- 29 Apr 2024Sold for $1,155,000
- 18 Apr 2024Listed for Sale SOLD by Kylee Harnisch
- 17 Nov 2011Listed for Sale $800,000
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About Morningside 4170
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.
Morningside has 6,463 properties. Over the last 5 years, Houses in Morningside have seen a 82.44% increase in median value, while Units have seen a 76.38% increase. As at 31 October 2024:
- The median value for Houses in Morningside is $1,432,629 while the median value for Units is $805,024.
- Houses have a median rent of $700 while Units have a median rent of $625.
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