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.

Are you looking for your perfect property?

At Hot Property Buyers Agency, we specialize in turning your vision into reality. Contact us today to begin your property journey.

 
 
 

Ready to find your next property investment?

Contact our experts today to get started.

 
 
BA Creative