225-237 Leopardwood Road, Cedar Grove QLD 4285

Bushfire and flood overlay costs unknown | 14,000 sqm land rarely priced this way | 503 sqm building with studio rare for 1990 build | entry-level rural but not remote. This property carries two cost exposures rarely flagged in the listing. The bushfire and flood overlays can add 20 to 40 percent to insurance premiums and may restrict future subdivision or development, which a buyer must underwrite before offering. The 503 square metre building coverage on 1.4 hectares is unusually generous for a 1990 house, meaning the structure holds more replacement value than most comparables. The detached studio with air conditioning adds functional income or multi-generational flexibility that lifts the weekly rental potential beyond the $805 estimate. The judgment call is clear: if you intend to hold and occupy, the land and building package is sound; if you intend to develop or re-sell quickly, the overlay risks erode margin. What is rare here is the land-to-building ratio at this price point in Cedar Grove—most 1.4 hectare lots carry older, smaller homes or require significant upgrades. The 3.5 usable acres with a separate two-room studio serve a buyer who needs workshop space, home office separation, or a rental offset without managing a full subdivision. The school catchment alignment with Woodhill and Flagstone State College makes it viable for families seeking rural lifestyle without a long commute to the M2 corridor. This property suits a buyer who values square metreage and structural redundancy over curb appeal or modern finishes, and who has the patience to verify overlay costs before locking in finance. The next step is a pre-purchase building and pest inspection focused on the studio and air conditioning units, then a direct call to Logan City Council’s planning desk to confirm the bushfire overlay’s impact on any future shed or dwelling applications.