38 Regent Street (aka 219a Hale Street) & 219 Hale Street BRISBANE, QLD 4000

Set across two lots, 38 Regent Street (aka 219a Hale Street) and 219 Hale Street Petrie Terrace offers a myriad of amazing opportunities. The total land size of 362m2 (185m2+177m2) is considered acreage in this inner-city 4000 postcode historic hamlet.

What's on offer is a vacant three-bedroom colonial cottage with many original features throughout including VJ walls and high ceilings. The internal layout is larger than you would expect. On entry the enclosed verandah accommodates additional internal space for a study/office or a walk in wardrobe for the master bedroom. The other two bedrooms are well proportioned and are all carpeted. There is a very good-sized living room with a huge window allowing for plenty of light to filter in. The open plan kitchen is also of a good size with plenty of room for a dining table. There is also an internal laundry, bathroom, and a separate water closet.

Whilst the cottage is in livable condition and formerly a rental property, the home is primed for a character sensitive renovation. The really exciting opportunity, however, lies with the vacant lot of land directly behind the home. With street access from 38 Regent Street, the rear lot of 185m2 is ripe for the development of your choice, subject to council approval. With just four vacant plots of land left in the whole of Petrie Terrace, two of which earmarked for development, this is an incredibly rare and possibly the last opportunity to stamp your own new build initiative in this wonderful suburb.

Consider the options (STCA).
• Lift, renovate and extend the original home.
• Renovate the original home, fence off, and land bank or lease the vacant lot.
• Build a second home on the vacant land.
• Hold as is and lease both lots as one or separately.
• Move into the cottage as is and enjoy your exceptionally large backyard.

Why Petrie Terrace? simply its unparalleled convenience and community. Apart from there being an ultra-chic coffee shop right next door, almost every other amenity you can think of is on your doorstep. The Barracks shopping, dining and entertainment venues are close by. Caxton street and Suncorp stadium are within a stone's throw. Roma Street Parklands, Cross river rail, Southbank and the CBD itself are all within a leisurely walk. Cross the walk bridge and it's a stroll down to Ithaca swimming pool, the dog and skate parks, YMCA and Tennis courts. For schools, you are close to Brisbane Grammar, Terrace, UQ, QUT, Petrie Terrace State School and Kelvin Grove State College.

And let's not forget the 2032 Brisbane Olympics main venues many of which will be within a short walking distance. Start your due diligence as this rare opportunity is one not to be missed. Register your interest now.

Virtual Furniture has been used in some photos shown, home is vacant and does not contain movable furniture.