4 Marigold Street, Hemmant QLD 4174

3-bed house, 405m² block, 32% building coverage | 2km to Murarrie State School | 85% owner-occupied street | Bushfire overlay present | Listed for rent at $700pw The property’s 32% building coverage on a 405m² lot offers a rare configuration advantage in Hemmant, where most houses sit on tighter footprints. This leaves room for future extension or a granny flat, a structural edge that most buyers in this price band overlook. The street’s 85% owner-occupancy signals low turnover and stable neighbours, which supports long-term holding. For a young family or investor targeting the Murarrie State School catchment, the house’s built-in robes, deck, and pet allowance make it immediately lettable at $700pw, with rental upside as the suburb’s median house price sits at $950k. The bushfire overlay is the primary risk, it may push insurance costs higher and narrow the buyer pool on resale. The 2014 sale date with no disclosed price means equity history is opaque, and the conflicting land size mention (480m² in one listing) demands a survey before exchange. The opportunity lies in the 32% coverage allowance, which effectively gives the buyer a development option at no extra cost. Hold this property as a core family home or rent-hold, and consider a rear subdivision or extension only if the overlay permits.