27 Green Terrace, Windsor QLD 4030

post-war inner-north house | compact 92sqm on 405sqm block | strong location near RBH and parklands | suited to renovator or land-holder | low yield at current value This property holds a clear competitive edge through its land-to-building ratio on a generous 405sqm block in an established inner-north pocket, where detached houses on usable land are increasingly scarce. The 92sqm internal footprint is modest by modern standards, but the low site coverage and level, flood-free site create genuine potential for extension, renovation, or redevelopment subject to planning approval. It serves best a buyer seeking long-term land value in a high-demand suburb with strong amenity—proximity to Royal Brisbane Hospital, QUT Kelvin Grove, parklands, and transport corridors—rather than a move-in-ready family home. The older post-war character, open-plan living, timber floors, and deck offer a functional starting point for an owner-occupier or investor prioritising location and land over immediate internal space. The value of this property may be materially influenced by its small internal area relative to current buyer expectations, which could limit appeal to those seeking a larger modern home without renovation. The 2019 sale price of $620,000 and subsequent market lift suggest significant capital growth, but the absence of recent comparable sales means the current ceiling is uncertain. Planning overlays, heritage constraints, or development controls not confirmed in available data could affect redevelopment potential, while the low rental yield of around 3.3% may deter investors seeking cash flow. A buyer should weigh the cost of bringing the 1945 dwelling to a modern standard against the land’s intrinsic value in this tight inner-city market.