11/228 Mackenzie Street, Rangeville QLD 4350

Prime location adjacency to parkland and schools | spacious three-bedroom strata unit | low-density 13-unit block | strong owner-occupier ratio The property’s competitive edge lies in its rare combination of generous internal dimensions and a prime position beside parklands and schooling catchments, which directly appeals to families and downsizers seeking space without a house. The 60% owner-occupier ratio in the block signals stable building management and lower turnover risk, while the 131m² footprint with two bathrooms and separate laundry provides functional depth rarely found in units at this price tier. For a buyer prioritising lifestyle convenience and long-term liveability over speculative growth, this unit offers a clear positional advantage over newer, smaller apartments in the area. The primary risk is the building’s age and the absence of disclosed strata levy history, which could introduce unexpected costs that erode the yield advantage of the lower purchase price relative to the $715,000 median. The 40% rental component in the block may also constrain capital growth compared to fully owner-occupied complexes. However, the recent single sale in the building provides a recent comparable, and the buyer can use the available strata report to verify sinking fund adequacy. This property suits an owner-occupier who values location over renovation potential , hold for at least five years to capture school-catchment appreciation.