84 Hansen Street, Moorooka QLD 4105

Character home on LMR land | holding income with redevelopment upside | elevated pocket near amenities | flexible utility space downstairs The buying case rests on the 585 square metre allotment zoned LMR in an elevated inner-south pocket, which gives a buyer rare optionality. The existing highset timber dwelling provides immediate holding income while the land holds genuine future redevelopment potential, making this suited to an investor or land banker who wants cashflow without committing to a build timeline. The absence of bushfire, flood, or heritage overlays simplifies planning, and the position near Woolworths, transport, and Moorooka State School strengthens long-term demand. The main risk is that the downstairs rooms are not legal height, so they cannot be counted as approved living space; a buyer should verify structural condition given the 1955 build. The bedroom count discrepancy across databases is a data inconsistency, not a property flaw, but it means relying on the active listing’s three-bedroom count is prudent. The opportunity is in the gap between the current asking price and the higher end of market estimates, which reflects how different buyers value the development overlay versus the house alone.