146 North Road, Brighton QLD 4017

Large 1105m² block in coastal suburb | Renovated 1950s timber cottage | North-facing with development potential | Walk to bay and schools This property presents a rare combination of a renovated, liveable home on a significantly oversized block in a coastal suburb, offering immediate utility and future optionality. Its full modernization removes renovation risk for an owner-occupier, while the underlying land value and absence of development overlays create a compelling buffer for an investor or builder. It serves a family seeking a low-maintenance lifestyle near water and schools, or a strategic buyer securing a scarce, subdividable parcel in a transitioning leafy street. Proceed with a clear exit strategy based on your dominant use case. The primary risk is capitalizing the premium for the land size without a near-term development application, effectively paying for potential you may not utilize. The opportunity lies in either holding a renovated home in a high-demand location or executing a battle-axe subdivision to crystallize the latent land value. Acquire as a long-term home with embedded equity, or as a land bank with immediate rental income. Recent comparable sales data is cited but not detailed in the provided information, limiting precise benchmarking. The property’s last sale at $1,150,000 in December 2024 provides a recent anchor point, but the absence of specific nearby sale prices requires a conservative valuation approach focused on its unique land component versus standard lots.