News

’70s property goes modern

49 Panorama Crescent PRINCE HENRY HEIGHTS Photo Contributed
49 Panorama Crescent PRINCE HENRY HEIGHTS Photo Contributed

A TWO-YEAR effort to modernise and extend a small house built in the 1970s has given rise to one of the finest renovations in Prince Henry Heights.

The new-look home at 49 Panorama Cres will come under the scrutiny of potential buyers when its doors are open for inspection this weekend.

Peter Snow and Co licensee David Snow expects a strong turn-out, due to its size, location and land value.

"It started life as a smaller high-set brick home and has been completely transformed by its current owner," he said.

"He added a third level and pushed the home out in a south-easterly direction to maximise the Lockyer Valley views to the east.

"This has all been done in the last two years."

The extensive floor plan includes four bedrooms, hardwood flooring, three-car parking and two covered outdoor areas.

Despite the renovations, Mr Snow said there was plenty of scope for further improvements.

"This is part of a trend where the inherent land value is still vastly superior to the physical improvements," he said.

"It means there is extraordinary potential to capitalise on this clearly valuable land and extend or renovate with confidence."

The home is selling for $785,000. Phone David Snow on 0417 707 410 to attend inspections from 11.30am-noon this Sunday.

Don't miss the Domain property lift-out in Saturday's Chronicle.

Preview the weekend's home sales on Page 37 tomorrow.




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