25/68-72 Springwood Road, Rochedale South QLD 4123

3-bedroom townhouse in a secure complex | tenanted until 2027 near schools and M1 | flood overlay flagged as key risk | body corporate costs are material. The buying case centres on a tenanted townhouse in a well-connected suburb with good school access and a private courtyard, suited to an investor seeking immediate income. The two-level layout and second toilet add practical value in a one-bathroom format, though the single bathroom may limit future owner-occupier appeal. Rental estimates suggest the current tenancy may be below market, which could offer upside upon lease renewal. The main constraint is the flood overlay, which requires verification of insurance costs and lending implications. Body corporate fees are significant and need to be factored into net yield calculations. The price picture remains unclear, as reported rental figures and valuation estimates diverge, so fair value cannot be relied on from visible evidence alone. Confidence is reduced until flood risk and income assumptions are resolved.