98 Cracknell Road Annerley QLD 4103

Seven-bedroom Queenslander | 1265sqm two-lot parcel | In-ground pool and guest house | City-fringe with no overlays The property’s primary buying case rests on its combination of scale and zoning. A 1265sqm two-lot parcel with a fully renovated seven-bedroom Queenslander is rare within the inner-south ring, and the absence of flood, bushfire, or heritage overlays removes the most common approval risks. The 359sqm building footprint, separate guest or pool house, and four-car secure parking serve a multi-generational or dual-income household well, while the 20-metre gated frontage and city views strengthen long-term desirability. This house suits a buyer seeking a single holding with subdivision optionality or an executive family requiring space and privacy close to the city. The principal risk is the lack of recent transaction evidence—last sold in 1995—which widens the valuation gap between the two major estimates (roughly $2.3m to $2.8m). A buyer should treat the lower range as the competitive entry point, given the property has been on market only eight days and an auction date is set. The outdated floor-area records in some listings signal that renovation history should be verified for council compliance. Opportunity lies in the two-lot structure: holding the parcel intact preserves optionality, while a future subdivision could unlock significant land value. For a buyer, this property is best held as a long-term family home with a latent development angle, not a short-term flip.