3 Marigold Street, Centenary Heights QLD 4350

3-bedroom house, 630sqm block, Centenary Heights | No flood or bushfire risk | School catchment for Middle Ridge and Centenary Heights | NBN FTTP and 5G coverage This property offers a rare combination of a 630sqm block with no environmental overlays, placing it in a low-risk position for a buyer seeking land security in a sought-after school catchment. The 27% building coverage leaves room for future extension or landscaping, and the existing features—air conditioning, built-in robes, dishwasher, and secure parking—reduce immediate capital outlay for a family buyer. It serves best as a long-term family home or a hold for gradual equity growth, given the school zoning and absence of bushfire or flood constraints. The primary risk is the age of the last sale data (2012), which obscures the property’s true cost base for a buyer comparing against current listings. The rental yield of $545 per week on a $789,000 list price is modest, at roughly 3.6% gross, limiting appeal for pure investors. However, for an owner-occupier, the risk is mitigated by the land size and school catchment, which support long-term value retention. Hold this property as a primary residence to maximise the school zone advantage and avoid vacancy costs.