18 Marlene Street, Bellmere QLD 4510

Large block in low-density street | 874m² with 3-bed house | Significant capital growth since 2018 | Current valuation band wide This property presents a core land value proposition, with its substantial 874m² lot on a street of only 42 properties offering scarcity and future subdivision potential. The three-bedroom, one-bathroom house serves as a basic holding, best suited to a buyer seeking long-term land banking or a low-cost entry into the Bellmere market with immediate rental utility. The dramatic appreciation from its 2018 sale price underscores the suburb’s macro growth, positioning this for a patient capital holder rather than an occupant seeking premium finishes. Your decision hinges on tolerating the valuation uncertainty reflected in the $240k range and the absence of granular comparable sales data. Proceed only with a commercial logic accepting the existing dwelling as functional, not a value driver, and secure a precise independent valuation to anchor your offer. This is a strategic land acquisition; price it as such and hold for the cycle.