27 James Cagney Close, Parkwood QLD 4214

Quiet cul-de-sac | Fully renovated 1993 house | 792m² side-access block | Strong rental yield | No overlays This property presents a competitively strong offering due to its complete modernisation on a large, usable block in a settled location. The comprehensive renovation neutralises the age of the house, delivering immediate livability without future capital outlay. The 792m² block with side access represents latent utility for a pool or expansion, a rarity in newer estates. It serves owner-occupiers seeking a ready-made family home and investors targeting the strong school catchment and hospital proximity for reliable tenancy demand. The primary risk is the valuation tension between the estimated value and the listed search band, suggesting a premium for the renovation that must be validated against recent sales. The 1993 build may still carry underlying system obsolescence despite surface updates. The opportunity lies in securing a turnkey property on land with sub-division potential, subject to council due diligence. Acquire for long-term hold, leveraging its dual appeal for capital stability and rental income. Recent sales on James Cagney Close provide direct context: • 1/24 James Cagney Close sold for $1,140,000 (4 bed, 2 bath, 215m² building). • 14 James Cagney Close is listed as a recently renovated house. The sale at number 1/24, a smaller building on a likely strata title, establishes a firm price floor. This suggests the subject property, with its larger land holding and full renovation, should command a justifiable premium, anchoring its listed price band within a credible market range.