11 Gladdyr Street Capalaba QLD 4157

704m² block |3 bed house |Offers over $1.1M |Dual living potential | 156m² build |Inground pool |Quiet street position. This three-bedroom house on a 704sqm lot suits families or investors eyeing renovation scope in a school catchment area. The generous land size relative to the modest 156sqm building footprint leaves room for expansion, whether adding a second dwelling or enhancing outdoor living around the inground pool. Positioned on a quiet back street, it stands out from denser parts of the suburb, appealing to buyers wanting established residential calm without overlays like flood or bushfire risks. Properties with this land-to-building ratio here often draw first home buyers or downsizers who value the double side access for boats, caravans or extra parking. Similar homes in Capalaba’s family-oriented pockets have seen steady demand, supported by reliable rental yields around $685 weekly for renovated versions. The single bathroom setup signals practical starter appeal, but the ducted cooling, solar panels and elevated views add everyday efficiency that holds value over time. Long-term, the low 22% site coverage and zoning flexibility position it well for holding or future subdivision potential in a growth area. Market estimates near $1.1M reflect this balance of immediate usability and untapped opportunity, without overreaching into premium territory.