27 Macarthur Drive Annandale QLD 4814

Solid original home | 739sqm block | Annandale catchment | flood overlay noted The buying case rests on the combination of a large, level 739sqm block with a solid 295sqm original home in a catchment for Annandale State School and William Ross State High School. This positions the property as a rare entry point into a family-oriented street with 85% owner-occupancy, where the existing four-bedroom layout and outdoor entertainment area allow immediate occupancy while the land holds longer-term reconfiguration potential. The property suits a buyer seeking a move-in ready home with scope to add value through renovation or eventual subdivision, given the block size and absence of bushfire or heritage constraints. The flood overlay is the primary risk, requiring due diligence on insurance costs and historical inundation, and it likely explains the current price gap to the suburb median of $769,500. The original condition, while excellent, means capital expenditure on updates may be needed within five to seven years. The opportunity lies in the low owner-occupancy turnover on the street and the reliable NBN and 5G coverage, which support remote work. Hold this property as a long-term family home or renovate selectively to capture equity before the next market cycle.