127 Waverley Road, Taringa, QLD 4068

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Under Offer

Offers Over $799,000

Hidden Gem with Unlimited Potential!

Call your town planner & architect today!

Located on a 508sqm block in the heart of Taringa, this comfortable family home offers four bedrooms, two bathrooms, timber floors throughout, plus a downstairs utility room with ample storage.

The rear of the property features a sunny, north facing deck with a leafy outlook.

Perfectly positioned within school catchments of both Indooroopilly Primary & High Schools, you are also relatively close to Indooroopilly Shopping Centre, bus stops and train station, local eateries, close to the University of Queensland and only 7.3km to the Brisbane CBD. What more could you want?

Potential options for the purchaser include:

Option 1: An excellent investment opportunity. Rent out the home and capitalise on future gains.

Option 2: Renovate existing home and enjoy being centrally located among many prestigious homes that have already undergone major renovations and improvements.

Option 3: Remove the existing dwelling (STCA) and build your own dream home on the 508sqm of land with an approximate street frontage of 13.8m.

Features:

- Original POST war home

- Generous backyard with Northerly aspect

- Timber floors

- Built in wardrobes

- Internal laundry

- Ceiling fans

- Utility room downstairs with ample storage

- Garage accommodation under the house

- Excellent street exposure and access

- Easy access to the Western Freeway

Brisbane City Council Rates: $715.53 per quarter

Current rental return: $550 per week

Rented until: 26/02/2021

Year built: Circa 1960’s

Block size: 508sqm with 13.8m frontage

This property presents endless options and will impress either an owner occupier or the astute investor.

*Subject to Council Approval

*All areas & distances are approximate

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Property Info:
  • Property ID: L4306859
  • Property Type: House
  • Garages: 1
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R&H Suburb Profile: Taringa

R&H Suburb Summary Houses
Number of sales 56
Average Price $1,023,279
Median Price $910,000
Median Rental Price $475 p.w.
Change in Rental Rate (5yr) -6 %
R&H Suburb Summary Units
Number of sales 134
Average Price $416,723
Median Price $402,000
Median Rental Price $375 p.w.
Change in Rental Rate (5yr) -4 %
Taringa, QLD - Median Trend
$910,000