Auction Location: In-rooms, 10 James Street, Fortitude Valley Arguably the most versatile residential real estate opportunity available within the postcode, 12 Royal Terrace presents an abundance of enticing options to capitalise on the upside potential this blue-chip holding offers. Renovate into your dream home, landbank while renting out, or demolish and rebuild as desired from scratch subject to council approval. The appeal to families, investors and developers alike is immediately apparent. As it stands now, this post-war residence is liveable with a functional layout, complete with a privileged east facing rear aspect giving way to beautiful cooling breezes, abundance of natural light and views out towards Brisbane city and beyond. At a glance, attributes include but are not limited to: - Perfectly positioned on an elevated 445m2 allotment in a highly sought-after Hamilton enclave - Coveted east facing rear aspect and elevated outlook towards Brisbane city - Post-war residence offering the ability to demolish and build from scratch or renovate as you see fit - Three spacious bedrooms situated on the home's upper level with an additional MPR located downstairs - Two bathrooms + separate powder room conveniently spread across both floors - Spacious and functional kitchen with ample bench space and plenty of storage - Large living and dining area plus additional sunroom that opens onto backyard and deck with views towards Brisbane city and beyond - Generous front and rear lawn space - One car garage plus driveway/off street parking availability for numerous additional vehicles - Split system air-conditioning and/or ceiling fans throughout, hardwood floors, ample under house storage space - Ascot State School catchment, 5km's from Brisbane's CBD - Currently achieves $750 p/week in rent Surrounded by some of Brisbane's finest residences and prestigious schooling options, the calibre of this location is unquestionable. Positioned within the Ascot State School catchment and within near proximity to St.Margaret's, St.Rita's, Clayfield College and St.Agatha's private schools with Brisbane Grammar, Brisbane Girls Grammar, St.Joseph's Nudgee College, St.Joseph's College Gregory Terrace and Churchie also within arm's length. A short distance to local green space including Crosby Park next door to Brothers Rugby Club and Albion's burgeoning retail and café precinct, Ascot Park on the doorstep of Eagle Farm Racecourse and Oriel Park featuring the adjoining and newly renovated Oriel Markets shopping village. Moments to locally renowned Racecourse Road and the Portside precinct beyond where you are spoilt for choice with cafes, restaurants and boutique shops. For destinations further afield, journey via nearby public transport options, otherwise a short drive to Newstead Gasworks, James Street, Brisbane Airport and the city. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.