10 Videroni Street, Booval QLD 4304

Colonial homestead on 962m² | 39% site coverage | north-facing deck | low flood risk This property offers a rare configuration edge: a colonial homestead with only 39% site coverage on a 962m² lot, meaning substantial land reserve for future expansion or subdivision potential in a low-risk flood zone. The north-facing deck and wrap-around verandahs provide genuine lifestyle appeal that differentiates it from standard suburban stock. It best suits buyers seeking character with latent land value, particularly those with a medium-term horizon for capital improvement or reconfiguration. The primary risk is the single bathroom, which may limit family appeal and resale velocity without renovation. The current estimated value sits above recent sale price, so any offer must account for softening in the Ipswich market. Opportunity lies in adding a second bathroom or leveraging the 39% coverage for a rear dwelling or granny flat, subject to council approval. Hold this property as a character hold with a five-year view to extract land value through subdivision or extension.