149/1 Manuka Road, Logan Village QLD 4207

Bushfire flood overlay | Underbuilt site | 605 week rent | Pool tennis court holding cost The bushfire and flood overlays create a specific risk mechanism that will cost you higher insurance premiums and narrower policy options, potentially adding five to eight thousand dollars annually. The 319 square metre lot with a pool and tennis court is underbuilt for its land value, meaning you are paying for lifestyle amenities that a retirement buyer may not want to maintain, yet the $880,000 price point is supported by the location and school catchment. This property should be held as a long-term residential home rather than a rental investment, given the weekly rent of 605 dollars is below what an equivalent standard house would generate. The competitive strength here is the rarity of a three bedroom home on a fully fenced lot with a pool and tennis court within a retirement-aged care precinct, which gives you a positional advantage over standard villas. The ducted air conditioning, solar panels, and open fireplace mean running costs are lower than comparable properties, and the established garden reduces ongoing work. This property suits a buyer who wants a turnkey home with resort-style features and is not reliant on rental yield to justify the purchase. To confirm the overlay risk level and insurance cost before committing, request a hazard report from the council and a quote from three insurers.