618 Bellmere Road, Waraba QLD 4513

10-hectare rural holding | five-bedroom house | no heritage overlays | Moreton Bay growth corridor This property represents a rare opportunity to secure a substantial landholding within the Moreton Bay growth corridor, where large rural lots are increasingly difficult to find. The 10.12-hectare block provides genuine flexibility—whether for hobby farming, equestrian use, or future subdivision potential under council planning changes. The five-bedroom configuration suits a family seeking space and privacy, while the absence of heritage overlays removes a common constraint on rural properties. For a buyer with long-term holding capacity, this is a defensive position in a tightening market. The primary risk is the property’s current lack of market exposure and the age and condition of the dwelling, which may require capital expenditure. The 2016 purchase price of $710,000 suggests significant land value appreciation, but the current estimated value of $1.95 million should be tested against recent comparable sales in Waraba and surrounding rural zones. The buyer should commission a building inspection and engage a town planner to assess subdivision feasibility under Moreton Bay’s current scheme. This property is best held as a medium-term land bank with the house providing interim rental or owner-occupier use.