Paddington Colonial with Elevated Position * Premier Location in the Heart of Paddington* Elevated Position with City Views* Amazing Scope for Renovations* Large Rear Entertainment Deck* Short Walk Away from Iconic Cafes, Bars & RestaurantsSensationally positioned in one of Paddington's most private and elevated streets, 17 Norwood Terrace is an idyllic Colonial Queenslander looking for astute buyers to capitalise on its exceptional position and incredible opportunity for renovations.With breathtaking north-easterly views of the Brisbane CBD and iconic Paddington suburban vista on its front door step, it will be impossible for buyers to stop their imagination running wild with the endless possibilities this character residence has to offer.Whether you're looking to extend, elevate, or both - the home's flexible floor plan will cater to families of all sizes. With a modernised main bathroom, combined lounge and dining with wide timber floorboards, sizable kitchen, study nook, and three spacious bedrooms - including the master with walk-in robe, air-conditioning and private access to the large wrap-round entertainment deck.Journey downstairs to the ground floor to discover a large rumpus room with kitchenette, private toilet, and an accommodating storage room that extends under the stairs, before heading outdoors to soak up the sunshine by the refreshing and relaxing pool area.Ready to be enjoyed now with potential to be personalised and modernised at a later stage, this is an exciting opportunity for families or young professional couples to live within the iconic suburb of Paddington. Plus, being conveniently located just a short walk away from local great cafes, bars, boutique shops and restaurants, along with premier private and state schools, public transport facilities, the Rosalie Village, and the Mount Coot-tha precinct.To hear more about this exciting property, or to secure your private inspection, don't hesitate to contact Angela Mastrapostolos from Space Property on 0407 000 225.Additional Features Include:* Air-Conditioning in two bedrooms & lounge* Filled with traditional character features* Fully-fenced backyard* 5000 litre water tank* Large amount of under-house storage* Internal laundry* Side access with off-street parking* Opportunity to elevate to secure undisrupted city views