3 Parkhill Avenue, Wondunna QLD 4655

4-bed brick home | 650m² low-maintenance block | tenant in place | quiet Wondunna street This property offers a rare combination of a solid 2011 build, full fencing, and a tenant paying $650 weekly until September 2026, which provides immediate income certainty for an investor or a buffer for a buyer planning renovations. The 21% site coverage on 650m² leaves meaningful space for extension or landscaping, while the separate living areas and master suite with alfresco access give it broad appeal to families or downsizers. The quiet street with 75% owner-occupiers and no flood or bushfire overlays strengthens its position as a low-risk hold. The main risk is the 134m² floorplan, which feels compact for a four-bedroom house and may limit resale to buyers who prioritise yard space over interior volume. The NBN Fibre to the Node is a minor limitation but not a deal-breaker given 5G coverage. Opportunity lies in cosmetic updates to lift the property above the $862,000 estimated value, particularly in the kitchen and main bathroom. Hold for rental yield or renovate for equity gain before selling into the active Wondunna market.