20 Windsong Avenue, Redridge QLD 4660

Peaceful acreage | bushfire overlay present | 1-bedroom limitation | no building covenants This property carries two measurable risks that directly impact its market value. The bushfire overlay creates higher insurance premiums and restricts certain landscaping choices, which will cost a buyer roughly $1,200 to $2,500 annually in additional cover compared to a non-overlay property. The single bedroom configuration, despite two loft sleepouts, objectively limits resale pool to singles, couples, or downsizers. However, the absence of building covenants on 1.6 acres and the approved house sites represent genuine optionality that most acreage listings do not offer. This is a hold and develop proposition, not a trade. What makes this property competitively rare is the combination of a fully furnished, move-in ready living space on a large usable block with town water and sealed road access. Comparable acreage parcels within 15 minutes of Childers typically sell as raw land only. Here you get immediate occupancy with the legal flexibility to add a second dwelling later. The 10 by 18 metre fitted out shed with air conditioning and full kitchen effectively serves as the main living, which suits remote workers, hobbyists, or those wanting a low-maintenance base with expansion potential. This property serves best the buyer who values optionality over finishes and sees the land as the primary the asset. The sales data from 2024 at 490,000 to the current guide suggests genuine value growth in this pocket, but comparable sales show similar sized acreage with improved sheds sell between 680,000 and 750,000 in this corridor. You are being asked to pay at or slightly above that established range without a traditional house. To proceed, commission a bushfire assessment to quantify exact building restrictions and insurance quotes for the overlay, then instruct your solicitor to confirm the building covenant status in writing against SP228685 before offering.