1 Picasso Place, Mackenzie QLD 4156

Family-oriented corner block with pool and alfresco living | Premium school catchment in tightly-held Mackenzie | North-facing modern home with value-add potential | Bushfire and flood overlays present. This property offers a rare configuration advantage in a tightly-held family precinct: a 731m² corner block with only 36% building coverage, leaving substantial private gardens and a saltwater pool alongside an all-weather alfresco pavilion. The north-facing orientation and double-height entry create strong natural light, while the separate formal dining and renovated master ensuite with balcony provide differentiation from standard modern builds. For buyers targeting the Mansfield State High School catchment, this house competes on both space and layout, serving families who value outdoor living and room to personalize without immediate renovation. The bushfire and flood overlays are the primary risk, potentially affecting insurance costs and resale pool depth, though no heritage constraints apply. The 260m² building size on a corner block offers expansion or landscaping opportunity that interior-only properties lack. With medium-confidence rental income around $1,060 per week, the house can hold as a long-term family home or generate yield in a premium catchment. Hold for school catchment demand and capital growth, not for short-term flipping.