38 Fifth Avenue St Lucia, QLD 4067

Commanding an elevated position on the high side of Fifth Avenue, this dual living post-war home represents a rare and highly sought-after opportunity in one of Brisbane's most tightly held suburbs. Positioned on an elevated 632sqm block with sweeping city views, this is the kind of property that is increasingly difficult to secure in the prestigious Avenues of St Lucia-particularly with such outstanding redevelopment potential and a brilliant holding income.

Comfortable and well-maintained, the home offers immediate liveability or rental appeal, with light-filled interiors and generous living spaces. A self-contained lower level provides flexibility for dual living or supplementary income, enhanced by separate power supply for upstairs and downstairs.

However, it is the land and position that truly set this property apart. Elevated, north-east facing blocks with city views in the St Lucia Avenues are exceptionally rare-especially those offering clear scope to renovate, rebuild, or create a premium new residence (STCA). For developers and visionaries, this is a chance to capitalise on a blue-chip address and unlock significant long-term value.

Set within a quiet, tree-lined avenue surrounded by quality homes, the location is second to none-just 400m to Ironside State School, close to St Peter's College, Brisbane Boys' College, and Indooroopilly State High, and only 1km from The University of Queensland. Parks, transport, and shopping are all within easy reach.

• Rare elevated 632sqm block with city views in tightly held avenues of St Lucia
• North-easterly aspect ideal for future design and capitalisation
• Outstanding redevelopment opportunity (STCA) in a premium location
• Existing four-bedroom home with dual-living potential
• Separate power supply for upstairs and downstairs
• Saltwater in-ground pool
• Quiet, blue-chip street close to leading schools and amenities

Don't miss out this fantastic oppotunity to secure your new home, call today to arrange an inspection.