21 Arnell Street, Keperra QLD 4054

Dual-living versatility | 788m² elevated block | 4 car secure parking | No flood overlay This property presents a competitively rare configuration for its suburb, combining a fully self-contained dual-living layout with a land size substantially larger than newer Keperra stock. The 1970-built house is functionally positioned for a larger or multigenerational family, offering separation and rental income potential from the ground floor, a feature uncommon in immediate comparables. Its elevated position on a 788 square metre lot provides a tangible land bank advantage over typical subdivisions, while the absence of flood risk and presence of only a bushfire overlay simplifies due diligence. The four car spaces, including secure garage and workshop facilities, cater to a practical buyer profile often underserved in modern three-bedroom homes. The decision hinges on valuing its functional rarity against its older build. The primary risk is capital being allocated to the land and configuration rather than modern building quality, implying future renovation costs to update living areas. The commercial opportunity lies in securing a versatile holding at a yield-supported entry; the existing rental estimate provides a partial income hedge while the dual layout allows for flexible occupancy strategies. For a buyer seeking holding utility over immediate luxury, this property represents a strategic purchase, best utilised as a long-term family base with inherent adaptability, not a short-term speculative play. Recent comparable sales nearby, while limited in detail, help frame value: – 27 Barber Street, Keperra: Sold 20 Jan 2026. 3 bed, 2 bath, 2 car, on a 625m² lot. – 21 Hanran Street, Keperra: A newer (2024) 5-bedroom home on 655m² with a pool, carrying an estimated value of $1.468m. The subject property’s significantly larger 788m² parcel and dual-living function command a premium over the Barber Street comparable, yet its older vintage and standard bedroom count position it at a sensible discount to a new, premium-appointed home like Hanran Street. This places the estimated value in a credible, middle ground.