50 Twists Road, Burpengary East QLD 4505

Flood detected at 10m elevation | Backed by tenant at above-market rent | No bushfire or heritage overlay | 80% owner-occupied street The flood overlay on this lot introduces a specific liability for insurers and future lenders, which typically raises holding costs and can narrow the resale pool. The $700pw lease until 2027 offsets this by providing a fixed income stream above current rental estimates, effectively guaranteeing a 3.2% gross yield on the estimated value during that period. This trade-off makes it a hold for cash flow, not a flip. The property sits in a street with strong owner-occupier character, so the rental risk is primarily institutional, not market-driven. You should proceed only if flood insurance terms are confirmed in writing before exchange. The 408m² lot with a 192m² building means 47% site coverage, which is efficient but leaves limited land for future subdivision. The open-plan layout and modern kitchen are standard for the price point, but the double garage with internal access is a practical advantage for tenants in a car-dependent suburb. Burpengary has shown solid growth at 19.8% over the past cycle, and the school catchment adds demand floor. This property best suits an investor seeking predictable passive income from a lower-maintenance, already-tenanted house in a growing corridor, not a buyer looking for capital growth or renovation upside. To verify the flood risk cost and the lease’s enforceability, request the tenant agreement and insurance quotes from a local broker before the cooling-off period ends.