Brisbane - Wavell Heights






Knock Down New Build
Property Info
→ Varcoe St, Wavell Heights
→ 627m2 Level block of land
→ North Facing backyard
→ Development upside
Our client, a local homebuyer, sought to build their dream home in Brisbane’s inner north. With specific requirements for block orientation, location, and size, they aimed to find the perfect property to suit their vision. Despite the competitive market, our search concluded in just two months – a testament to our focused and efficient approach.
The Property
The chosen property, a post-war home on a level 627sqm block in Wavell Heights, presents an ideal canvas for our client’s dream home plans. Its current features include:
Bedrooms: 3 generously sized bedrooms
Kitchen: Tidy kitchen with gas cooking
Living/Dining: Spacious, separate living and dining areas
Bathroom: Family bathroom with a shower bath and separate toilet
Parking: Tandem carport and single garage
Current Tenancy: Tenanted until July 2025, generating $520 per week
Located in a highly sought-after northern suburb, this property offers future potential for redevelopment, including block splitting (subject to council approval). With nearby examples of successful redevelopments on similar blocks, this investment has substantial equity growth potential.
The Plan
Once the current tenancy ends, the client will proceed with a knockdown and construction of a premium home. This approach not only aligns with their dream of a bespoke residence but also serves as a strategic investment, creating significant equity in the process.
Why Wavell Heights?
Wavell Heights is renowned for its convenience and amenities, including:
Proximity to major roads, the Clem 7 tunnel network, and Brisbane Airport
Easy access to Westfield Chermside Shopping Centre
Excellent schools and the Prince Charles Hospital
Local parks and Kedron Brook Cycleway
Conclusion
This case study highlights our expertise in matching clients with properties that meet their needs and investment goals. By securing this opportunity within a short timeframe, we’ve set the stage for our client’s dream home and a strong future investment.
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