37 Dutton Street, Ingham QLD 4850

Lowset on 1003sqm corner | 3 bed 1 bath flood-damaged | School walk zone | Priced for refurb only | Renovation entry play The buying case rests on land position rather than the dwelling itself. A 1003sqm corner block in a school walk zone is rare at this price point, even with flood damage. The lowset configuration and four parking spaces give future flexibility for subdivision or dual-living potential, and the asking price is discounted enough to absorb renovation costs while still sitting well below the local median. This property suits a buyer with cash reserves and trade capacity, not someone seeking turnkey. The 2025 flood damage is the central risk and the reason for the discount. Without a full structural and flood-zone assessment, repair costs remain unknown and could erode the margin. The local market is soft with zero auction clearance and a 29% over-60 demographic, which may limit resale speed. The opportunity is to acquire at a distressed price, renovate to a solid rental standard, and hold for land appreciation or eventual subdivision. Treat this as a land play with a damaged house attached.