11 Wahroonga Road, Ashgrove QLD 4060

Grand character home on prestigious street | 933m² land with dual-living potential | 4 beds, 3 baths, 2 car | No heritage overlay This property presents a rare combination of a substantial, character-filled residence on a large, flexible block within a prime Ashgrove precinct. Its key strength is the ‘massive functional’ downstairs space with separate access, which immediately provides dual-living income potential or multi-generational flexibility without the constraints of a heritage overlay. The house serves a buyer seeking both a stately family home and an asset with inherent commercial logic, capitalising on Brisbane’s strong demand for adaptable floorplans. Critical due diligence must focus on the disclosed bushfire and flood overlays, which directly impact insurance premiums, future renovation costs, and resale buyer pools. The 88-year-old building requires a specific condition assessment beyond its described solid character. The opportunity is to secure a versatile, high-side land parcel in a tightly held location. Proceed with a strategic renovation plan, leveraging the separate access to offset holding costs. A Propcred report would quantify the precise market valuation and decode the full financial impact of the environmental overlays for this specific property.