86 Walker Street, Walkervale QLD 4670

Renovated Queenslander on 947sqm corner block | dual-living studio potential | walkable to Bundaberg CBD and schools | rare land-to-improvement ratio The fully renovated Queenslander at 86 Walker Street offers a rare combination of a 947sqm corner block with a separate studio and workshop, which creates genuine dual-living or home-office flexibility that most renovated houses in this price band lack. The 1940s character has been retained while the kitchen, bathrooms, and air conditioning are all modern, meaning a buyer avoids the typical renovation timeline and cost. This property serves best for a family wanting space and school proximity, or an investor looking for a house that can command premium rent due to its layout and location. The corner positioning and fully fenced yard add privacy and practical outdoor use without the maintenance burden of a larger block. The primary risk is the price gap between the recent February 2026 sale at $675,000 and the current asking of offers over $819,000, which suggests the vendor is testing the market after a quick flip. The estimated value range of $730,000 to $810,000 means a buyer paying at the top end must accept negative equity risk in the short term. On the opportunity side, the separate studio and workshop could be marketed as a home business space or teenager retreat, which widens the buyer pool at resale. The rental estimate of $580 to $690 per week supports a hold strategy if purchased near the lower end of the value range. Buy this property if you can negotiate toward the mid-to-low end of the value range and plan to hold for at least three years.