101 Tenth Avenue, Railway Estate QLD 4810

quiet street in Railway Estate | high-set beach house on 809sqm | ready for renovation | flood zone detected This property offers a rare combination of a generous 809-square-metre block in a quiet, established suburb with a high-set timber house that retains hardwood floors and original character. The configuration suits a buyer seeking to renovate or rebuild in a tightly held pocket near the Strand and local amenities. The split-system air conditioning in two rooms and gas hot water reduce immediate upgrade costs, while the carport provides basic off-street parking. The property serves best for owner-occupiers with renovation experience or investors looking to add value through a cosmetic or structural refresh. The primary risk is the confirmed flood zone, which will increase insurance premiums and may limit certain finance options or future resale appeal. The 2018 sale price of $185,000 indicates significant land value appreciation, but the current listing price reflects that uplift. The bushfire and heritage exclusions reduce regulatory hurdles. The opportunity lies in the block size and zoning potential—if permissible, a knockdown rebuild or subdivision could unlock substantial equity. Hold this property as a long-term renovator’s project or reposition it as a high-yield rental after targeted upgrades.