1 Montrose Place, Redland Bay QLD 4165

Large 740m² block | four-bedroom family layout | no flood or bushfire overlays | strong school catchment zone This property presents a compelling buying case for a family seeking a substantial home on a generous block in a well-served suburban setting. The 740m² lot with a 34% building coverage offers rare spatial flexibility, positioning the house as both a comfortable residence and a potential site for future value-add through landscaping or extension. The four-bedroom layout with ensuite and walk-in robe, combined with air conditioning and carpeted living areas, signals a modern, low-maintenance interior that suits owner-occupiers prioritising immediate livability. The absence of flood, bushfire, or heritage overlays removes common due-diligence hurdles, while proximity to Redland Bay State School and Victoria Point State High School strengthens its appeal to families with school-age children. The estimated rental range of $680 to $820 per week suggests moderate investor interest, but the property is better positioned as a long-term family home given its size and layout. The key risk is the lack of recent comparable sales on Montrose Place, with only one transaction from 2024 at $865,000, which may not fully reflect current market conditions. The estimated value of $1,112,000 is automated and should be cross-checked against recent sales of similar four-bedroom homes on large blocks in Redland Bay. The sale method is by negotiation, so the buyer must establish a clear price ceiling based on verified comparables, not the estimate alone. The opportunity lies in the property’s strong school catchment and no-overlay status, which could support steady capital growth in a family-oriented corridor. NBN Fibre to the Node and 5G coverage add connectivity value but are not primary drivers for this buyer profile.