221-229 Flesser Road, Chambers Flat QLD 4133

Gutted 1ha blank canvas | 162m² shell + 12x7m shed | Bushfire/flood overlay | Semi-rural Logan value play This property offers a rare configuration edge: a full hectare in a semi-rural pocket with a gutted dwelling that removes demolition costs and allows complete redesign. The large shed with three bays and workshop adds genuine commercial or hobby utility, and the solar panels reduce ongoing holding costs during a rebuild. For a buyer who wants a controlled renovation or new build on flat land without subdivision complexity, this is competitively positioned below typical vacant land prices in the corridor. It serves best a builder-occupier or an owner willing to project-manage a full internal strip-out to a modern finish, leveraging the existing slab and services. The bushfire and flood overlays are the primary risk, raising insurance premiums and potentially limiting lender appetite for construction finance. The gutted condition means no immediate occupancy and a full fit-out cost of $300,000–$500,000, which must be factored into total acquisition price. Rental potential of $995/week post-rebuild offers a solid yield if executed at reasonable cost, but the property is not income-producing now. The circular driveway and 5m roof height suggest the shell can accommodate a high-end contemporary home or dual-living layout. Hold this as a medium-term land bank with optional build-to-occupy or build-to-sell exit.