10 Downs Street, Gulliver QLD 4812

| 799m² corner block | rumpus room with private access | no flood or bushfire overlay | mature gardens | 90% owner-occupied street | This property offers a rare combination of a large corner block and a versatile, separately accessed rumpus room,features that typically command a premium in established suburbs like Gulliver. The elevated single-level layout, recent roof and solar upgrades, and fully fenced site with double gate access position it strongly for families seeking space and privacy, or for investors targeting the reliable rental demand near Pimlico High School. The absence of any flood, bushfire, or heritage overlays removes common acquisition risks and reinforces its appeal as a straightforward, low-surprise holding. The primary risk is the gap between the asking price and automated valuations, which may reflect the property’s upgrades and block size but also requires buyers to justify the premium through comparable sales evidence. The rumpus room’s conversion potential is subject to council approval and should not be assumed. For a buyer, the property works best as a long-term family home or a stable rental with upside from gradual capital growth. Hold for at least five years and treat the rumpus room as a bonus, not a guaranteed income stream.