19/11 Rolleston Street, Keperra QLD 4054

2-bedroom flat in Keperra | 2016 build on 1.19 acres | bushfire overlay present | strong rental demand near schools This property’s strongest signal is the land—1.19 acres under a single title for a 2016 flat is unusual in Brisbane’s inner-ring suburbs. The 2-bedroom, 2-bathroom configuration with a garage suits downsizers or investors targeting the professional couple market, who value low-maintenance living with space around it. The school catchment for Grovely and Mitchelton State High adds a layer of tenant demand, and NBN FTTP supports remote workers. At the estimated $844,000–$856,000 range, the buyer is paying for scarcity of land rather than unit size, which positions this as a long-term hold with capital growth tied to the parcel’s redevelopment potential. The bushfire overlay is the primary risk—it increases insurance costs and may limit future subdivision or building modifications, which a buyer must factor into holding costs. The 1.19 acres likely reflects a shared strata lot, not exclusive freehold, so confirm title boundaries and body corporate rules before proceeding. No sales history means price discovery is thin; the Domain estimate at $790,000 suggests possible overpricing on property.com.au. The opportunity lies in the land component—if zoning allows, this could be a future site for townhouses or a small complex. Hold it as a rental yielding around $685 per week, and watch for rezoning signals from Brisbane City Council over the next 5–7 years.