16 Bowen Terrace, The Range QLD 4700

Elevated block with southerly views | walk to two hospitals and grammar schools | three-bedroom floorplan with under-house storage | fully fenced 668sqm in sought-after suburb. This property’s competitive edge is its positioning within walking distance to both major hospitals and two grammar schools, a rare configuration that anchors demand from medical professionals and families. The elevated 668sqm block with fully fenced perimeter and under-house workspace offers practical separation of living and utility zones. The floorboards and built-in robes reduce immediate renovation need. This house best suits a buyer seeking long-term rental yield in a catchment with stable demographic turnover, where the 31% under-20 population signals sustained school-driven demand. The primary risk is the single bathroom, which limits appeal to families with older children and may compress resale pool. The 2021 sale at $352,500 versus current asking suggests material market shift; buyers should verify whether recent improvements justify the gap. Opportunity lies in the under-house storage area, convertible to a home office or additional living space without structural change. Hold this property for rental income with a five-year view, or occupy while leveraging school proximity for capital growth.