13 Kalimna Drive, Clontarf QLD 4019

3-bedroom house on 622sqm | no overlays | 7m roof height | strong rental yield | Clontarf beach proximity This property presents a compelling buying case for its combination of a generous 622sqm block with no bushfire, flood, or heritage constraints—rare in coastal suburbs. The 31% building coverage leaves significant redevelopment or extension potential, while the 7m roof height and 28m elevation offer passive design advantages and reduced flood risk. The $720 weekly rental estimate against a $665,000 purchase price yields a gross return near 5.6%, appealing to investors or owner-occupiers seeking future capital growth in a suburb with rising median values. School catchments and NBN connectivity add practical livability. The primary risk is the wide valuation gap between sources ($790k–$964k), indicating market uncertainty; buying at $665k may have captured immediate equity, but future appreciation depends on sustained regional demand. The property is not currently listed, so a buyer must initiate direct negotiation. Opportunity lies in leveraging the low building coverage for a granny flat or subdivision, subject to council approval. Hold for medium-term capital growth or use as a high-yield rental while monitoring Clontarf’s price trajectory.