121 Hovard Road, Bald Knob QLD 4552

Mid-size acreage in Bald Knob | 4-bed house with dual living areas | Bushfire overlay present | Solar and water self-sufficiency This property presents a competitively strong offering within the semi-rural residential market, combining a substantial 1.98-hectare landholding with a generously sized family home. Its configuration of multiple living areas, six car spaces, and established infrastructure like solar panels and water tanks positions it for a buyer seeking space and functional utility, best serving a family or those requiring home-based workspace. The absence of flood or heritage constraints simplifies due diligence, while the fixed wireless NBN supports modern connectivity needs. The primary decision factor is the bushfire overlay, which necessitates a formal risk assessment and will incur compliance costs for management plans and potential construction upgrades. The property’s value is anchored in its land size and building scale, which are rare at this price point compared to smaller suburban lots. It should be acquired with a clear hold strategy, as its rental yield is modest; its commercial logic is capital growth driven by land scarcity, making it a long-term hold for owner-occupation or a future trade into a more developed area. Nearby sales indicate strong demand for land. 16 Hillcrest Court, a smaller 2000m² block with a 4-bedroom house, sold for $1,350,000, while 105 Ratcliffe Road achieved $2,700,000 on a similar-sized lot, suggesting this property’s asking price is positioned within a broad but active market for acreage properties.