22 Knutsford Street, Wandal QLD 4700

1951 chamferboard | 799m² fully fenced lot | renovated kitchen & polished floors | 5-min walk to hospital & schools This property presents a competitively strong holding in a tightly held location, deriving its core value from a large, usable block and a renovated character home in immediate proximity to major employment and education hubs. The 799 square metre land parcel is significantly above typical suburban offerings, providing tangible utility and future flexibility. The recent internal renovations modernize the living experience while retaining desirable period features, directly serving owner-occupiers seeking character and convenience or investors targeting the consistent rental demand from hospital and school networks. The decision hinges on reconciling the 1951 construction with modern expectations, as older builds carry inherent maintenance liabilities and efficiency costs that must be budgeted for. The single bathroom and garage configuration, while typical, caps broad family appeal. The commercial logic is clear: secure a large, well-located block with a rentable dwelling, holding for land value accretion and rental coverage. Proceed with a conditional offer predicated on a building and pest inspection, utilizing a Propcred report to pressure-test the estimated valuation, verify the absence of overlays, and clarify insurable rebuild costs against the chamferboard construction.