1-5 Coomel Court, Greenbank QLD 4124

4 beds | 3 baths | 1.24 acres | pool | 70m elevation | quiet court | Boronia Heights catchment The buying case here is built on rarity: a 1.24-acre residential parcel with a pool and three-car accommodation inside a quiet court, within 30 minutes of Brisbane’s CBD. The 504m² building footprint is generous for a 1985 house, and the 10% coverage ratio signals expansion potential without rezoning risk. This property suits a buyer seeking suburban scale—space for a family, vehicles, and outdoor living—without leaving established school catchments. The 70m ground elevation is a passive advantage for airflow and reduced flood exposure, and the court position limits through-traffic noise. For a buyer who values land mass over house finish, this is a rare find in Greenbank. The primary risk is the 1985 build: roof height of 7m and satellite-detected condition at 80% confidence suggest possible deferred maintenance on roofing or insulation. The $1.8m–$2m value range is wide, meaning the buyer must price in a capital works buffer. The pool adds holding cost, not value, unless renovated. Opportunity lies in subdividing or adding a secondary dwelling, given lot size and no heritage overlay—but check Logan LGA’s current minimum lot size for subdivision. Hold this property for land appreciation and rental yield near $980pw, or improve the house to lift equity before refinancing.