This versatile property at 29 Hawken Drive is not only a spacious family home but also the perfect investment opportunity. Positioned just minutes from the University of Queensland, this home is ideally located to provide strong rental returns. Because the property is under 200m to the neighbourhood centre, it can be subdividable into 2 Lots of minimum 300m2. The main level features three generously sized bedrooms, two functional kitchens, and a meals area that overlooks a leafy green setting, offering a peaceful retreat in the heart of St Lucia. Downstairs, a self-contained two-bedroom flat with a separate entry provides flexibility for extended family, a home office, or potential rental income. The flat enjoys plenty of outdoor space, making it an excellent addition to the home’s overall appeal. The property’s north-south aspect ensures excellent natural light and breezes throughout. Air conditioning in the lounge areas adds to the comfort, while the hardwood timber floors bring warmth and character to the living spaces. A double lock-up garage provides secure parking, and the convenience of buses at your doorstep means you're just minutes away from UQ and the CBD. Additionally, being within walking distance to Ironside State School and St Peter's College makes this property an excellent choice for families. Please note, the property is tenanted until the 13th of January 2025. Its currently rented for $1100 per week. Property Features: - 6 Bedrooms - 2 Bathrooms - 2 Kitchens - Downstairs is self contained - 2 Car accommodation - 17.4 m frontage - Air conditioning - Can subdivide due to its proximity to local shops Location Points - Within the catchment for Ironside State School and Indooroopilly State High School - Close proximity to The University of Queensland - Convenient access to public transport and local shopping at Hawken Drive Shopping Village - Just a short drive to Brisbane CBD and South Bank Fees and Figures Council Rates: $982 per quarter Rental: $1100 per week Unapproved Capital Value: $1,100,000