219 Walker Street, Maryborough QLD 4650

Art Deco character | 809m² block | four-car capacity | strong rental yield potential This property presents a rare combination of period character and practical land use. The 809m² lot with 32% building coverage offers genuine scope for renovation or extension without the constraints of flood or bushfire overlays. The four-car spaces are an uncommon advantage in this price bracket, appealing to tradespeople, investors, or households with multiple vehicles. Positioned in Maryborough’s established residential zone with reliable NBN and 5G, it suits buyers seeking a value-add project with immediate rental income potential—the estimated $495 weekly return supports holding costs during renovation. The principal risk is the 2016 purchase price being the only sold data point, making market trajectory harder to gauge. The 262m² building footprint may require significant capital for a full Art Deco restoration, and the current $499,000 list sits below the estimated value range, suggesting either motivated selling or unaddressed deferred maintenance. Buyers should budget for structural checks and a staged renovation plan. For an investor or owner-occupier comfortable with medium-term work, this property offers a clear path to forced equity through cosmetic and functional upgrades. Hold for three to five years, renovate progressively, and refinance once value reaches the high end of the range.