13 Maidenwell Road, Ormeau QLD 4208

Renovated coastal home opposite parkland | 700sqm block with single-level living | Master with walk-in robe and modern ensuite | Turn-key condition in Ormeau demand corridor This property presents a rare combination of a fully renovated single-level house on a 700sqm lot, positioned opposite parkland in a corridor where such turn-key offerings are infrequent. The coastal aesthetic and light-filled interiors reduce immediate capital outlay for a buyer, while the master suite with ensuite and walk-in robe targets the premium end of the family market. It serves best for owner-occupiers seeking immediate lifestyle without renovation risk, or for investors targeting the upper quartile of Ormeau rental demand. The primary risk is that the 2023 purchase price of $890,000 represents a low base, and current estimated value of $1.28 million implies significant recent appreciation that may not repeat in the near term. A buyer should verify whether the renovation quality matches the price premium over comparable unrenovated stock in the area. The 700sqm block offers subdivision potential only if council zoning permits, which is not confirmed. The opportunity lies in holding for medium-term capital growth driven by Ormeau’s infrastructure pipeline, rather than flipping. Hold for at least five years to amortise transaction costs.