120 Russell Terrace, Indooroopilly, Qld 4068

For Sale

House
Type
4
Bedrooms
3
Bathrooms
2
Parkings
1,093 m²
Area

Published on Wednesday, August 05, 2026 ( See property details for 120 Russell Terrace, Indooroopilly, Qld 4068)

For Sale

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and spacious post-war home on a large block in Indooroopilly, offering exceptional renovation, development, and family living potential.

🏡 Property Highlights

  • Expansive 1,093m² allotment with approximately 29 metres of frontage
  • Exceptional renovation, rebuild, or development potential (STCA)
  • Spanning two generous levels with multiple living and multipurpose spaces
  • Four bedrooms, including a private master with ensuite and balcony access
  • Large rear balcony overlooking a fully fenced, leafy backyard
  • Downstairs rumpus room with kitchenette and additional secure multipurpose rooms

✨ Key Features

  • Solar Panels
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Balcony
  • Fully Fenced
  • Water tank
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120 Russell Terrace
Indooroopilly, QLD 4068
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Vertical aerial view — 120 Russell Terrace
120 Russell Terrace — Vertical Aerial  •  Indooroopilly, QLD 4068  •  Nearmap © 2026

Indooroopilly is a highly sought-after Brisbane suburb renowned for its excellent schools, vibrant shopping precincts, and convenient transport links. It offers a family-friendly environment with parks, cafes, and easy access to the CBD. The area combines established community charm with future growth potential, making it ideal for both families and investors. Its proximity to the University of Queensland and major amenities ensures a dynamic lifestyle and strong capital growth prospects.

What are the potential uses for this property?
This property offers flexibility for renovation, rebuilding, or development (STCA), making it suitable for families, investors, or those looking to create a dual-living arrangement.
Is the property suitable for future development?
Yes, the large allotment and zoning allow for potential redevelopment or extension, subject to council approvals.
What are the key features of the home’s layout?
The home spans two levels with four bedrooms, three bathrooms, multiple living areas, a rumpus room with kitchenette, and secure multipurpose rooms, providing ample space for family living and hobbies.
How energy-efficient is the property?
The property is equipped with a solar panel system, contributing to energy savings and sustainability.
What nearby amenities are accessible from this location?
The property is close to Indooroopilly State School, Indooroopilly Shopping Centre, Toowong Village, parks, cafes, public transport, the University of Queensland, and the Wesley Hospital.
Are there any existing planning restrictions or easements on the property that could affect redevelopment plans? Has the property been inspected for structural issues or pest infestations? Are there any known flood or bushfire risks in this area? What are the current zoning regulations and potential for subdivision or development (STCA)? Are there any upcoming council or community developments that could impact the property’s value or use? Is there any history of previous renovations or repairs that may require further attention? What are the ongoing costs associated with maintaining the property, including council rates and body corporate fees if applicable? Are there any restrictions or covenants attached to the land that could limit future modifications? Has the property been tested for environmental hazards such as asbestos or soil contamination? Are there any existing or planned infrastructure projects nearby that could cause noise or disruption?

120 Russell Terrace, Indooroopilly, Qld 4068 - More Details

For Sale

Set on an impressive 1,093m² allotment with an approximately 29-metre frontage, this expansive post-war home presents an exceptional opportunity in a highly sought-after pocket of Indooroopilly.

Offering remarkable space, flexibility and future potential, the property provides a blank canvas for buyers looking to undertake an extensive renovation, create their dream family home or explore development opportunities in a blue-chip location (STCA).

Spanning two generous levels, the existing residence features four bedrooms, three bathrooms and multiple living and multipurpose areas. Its substantial floorplan provides a strong foundation for transformation, while the expansive block offers exciting scope to extend, rebuild or potentially redevelop, subject to the necessary approvals.

Upstairs, the home is arranged for practical family living, with a light-filled central living area flowing into a separate dining room and spacious kitchen. Equipped with electric cooking, a dishwasher and excellent storage, the kitchen offers immediate functionality with plenty of potential to modernise.

Four bedrooms are positioned across the upper level, including a privately located bedroom with its own ensuite and balcony access. The main bedroom includes a built-in wardrobe and ceiling fan, while the remaining rooms provide flexibility for children, guests or a dedicated home office.

A large rear balcony overlooks the fully fenced backyard, creating a peaceful, leafy setting with ample space for children, pets, entertaining or future improvements.

Downstairs considerably expands the home’s versatility, featuring a generous rumpus room with a kitchenette, an additional bathroom and two secure multipurpose rooms. These spaces are ideal for recreation, hobbies, a workshop, storage or potential dual-living arrangements, subject to any required approvals.

Features include:
- Substantial 1,093m² allotment with approximately 29 metres of frontage
- Exciting renovation, rebuild or development potential (STCA)
- Expansive post-war residence spanning two levels
- Four bedrooms and three bathrooms, including an ensuite
- Multiple living, dining and multipurpose spaces
- Spacious kitchen with electric cooking, dishwasher and ample storage
- Large rear balcony overlooking the fully fenced backyard
- Downstairs rumpus room with kitchenette and ceiling fan
- Two additional secure multipurpose rooms offering excellent flexibility
- Internal laundry with built-in storage and bench space
- Secure undercover parking for two vehicles
- Solar panel system
- 2 minute walk to Indooroopilly State School
- Within the Indooroopilly State School and Indooroopilly State High School catchments
- Close to the University of Queensland, Indooroopilly Shopping Centre, Toowong Village, parks, cafés and public transport
- Convenient access to the Wesley Hospital and Brisbane CBD

Located in one of Brisbane’s most established and well-connected suburbs, the property combines a sizeable landholding with outstanding access to leading schools, shopping, dining and transport.

Whether you’re searching for a rewarding renovation project, a blank canvas for your future family home or a potential development opportunity, 120 Russell Terrace represents a rare offering with exceptional scope (STCA).

Contact us today to arrange your inspection and explore the possibilities this outstanding Indooroopilly property has to offer.

Disclaimer: Although every effort has been made to ensure the accuracy of the information provided, the Selling Agents do not guarantee its accuracy and accept no liability (whether express or implied) for any errors or omissions. Buyers are advised to conduct their own due diligence to verify the information's accuracy. This information is for general guidance only and should not be relied upon unless independently verified.

This property has been virtually staged for marketing purposes, and images may not represent the exact condition or furnishings of the home. This information is for general guidance only and should not be relied upon unless independently verified.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
2
Area
1,093 m²

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