Named ‘Shipton’ an estate proudly held in the one family for generations, is offered to the marketplace by the executors for the first time in nearly 60 years. Properties such as this are rarely now available for sale in this popular leafy suburb, the existing residence sits beside its own parklike grounds on a large elevated 810m2 allotment (2 lots).

The property allows a number of options for any astute purchaser to value add or develop further to reap the benefits that this location and prime suburb has to offer. Restore the existing charming residence back to its former glory or there are a multitude of development possibilities subject to Brisbane City Council applications.

Loaded with potential, ‘Shipton' has a wonderful spacious living dining room with high ceilings and features a central period fireplace. The eat in kitchen and sunroom or study adjoins. The wide distance from the boundary fence to the eastern side of the house gives easy access and development opportunities to the enormous backyard which is shaded by a beautiful tropical Mango tree.

Downstairs there is a separate laundry, heaps of storage and secure parking for at least three vehicles. The property is presently tenanted with a fixed term lease till the 27th October 2017 at $450.00 Per Week.

‘Shipton’ is located in the heart of this well regarded established suburb, an easy stroll to all major public transport options such as bus and train, Eagle Junction School, local Cafes, Restaurants, Post Office and Shops.

For further information do not hesitate to contact the exclusive listing agent David Havig Tel 0417 628 208.

Brisbane City Council Rates are $784.70 gross per quarter.