21-23 New Beith Road, Greenbank QLD 4124

5 bedrooms | 2.06 acres | bushfire overlay detected | 3% building coverage This property presents a rare configuration advantage in Greenbank: a substantial five-bedroom residence on over two acres with only 3% building coverage, offering significant land-to-dwelling ratio that is increasingly scarce in the Logan corridor. The combination of a dedicated study, workshop, and outdoor entertainment area with a deck and balcony positions this house well for buyers requiring both living space and functional outbuildings. The 2021 purchase price of $692,000 suggests considerable land value appreciation has already occurred, and the estimated rental yield of approximately $965–$1,125 per week indicates strong tenant demand for larger family holdings in this catchment. This property is best suited to buyers seeking a semi-rural lifestyle within commuting distance of Brisbane, or investors targeting the premium end of the Greenbank rental market. The detected bushfire overlay is a material risk that may affect insurance premiums and future development potential, requiring due diligence on vegetation management and building standards. However, the absence of flood or heritage overlays simplifies planning considerations. The Fibre to the Node NBN and 5G mobile coverage are adequate for remote work but not prime value drivers. The 2.06-acre land holding with a shed and workshop offers subdivision potential subject to council approval, representing a medium-term value uplift opportunity for a buyer with patience and local planning knowledge.