110 Saltwater Creek Road, Maryborough QLD 4650

Corner block with side street access | Move-in ready with extension scope | Tenanted until 2027 | Strong suburb capital growth. This property presents a low-risk entry into a high-growth suburb, insulated by an existing tenancy that secures income until early 2027. The primary cost to a buyer is delayed personal use or the management of a tenant-in-place. The corner allotment and low building coverage provide clear, council-dependent opportunities to add value through a shed, pool, or extension. It is best held as a long-term investment, leveraging its current yield while planning for future capital improvements. Competitively, the house’s condition and large, usable land parcel are rare in one offering. The workshop and multiple parking options serve a practical buyer, while the school catchments and lack of overlays provide fundamental security. This property serves an investor seeking immediate yield with a future development option, or a owner-occupier planning a phased renovation without displacement pressure. Your next step is to validate the extension potential with council and assess the tenant agreement, which will define your immediate equity pathway. The property sold for $520,000 in November 2025. Current estimates range from $542,000 to $590,000, suggesting a purchase near the recent sale price would position you below current market valuations. This gap indicates a potential immediate equity buffer if the higher estimates are accurate.