28 Bale Street, Albion QLD 4010

Character cottage | 405sqm inner-north block | deep backyard potential | flood overlay present The property’s competitive edge lies in its rare combination of a character cottage on a 405sqm fully fenced lot within a sought-after inner-north suburb, where such land parcels are increasingly scarce. The 127sqm floorplan, with four bedrooms and two bathrooms, offers immediate livability plus renovation upside, while the deep backyard provides scope for a pool or alfresco extension subject to approval. This suits buyers seeking a long-term hold with land banking potential, or a family wanting a home near Albion station, cafes, and the CBD. The open-plan living and dedicated office add practical appeal for professionals. The flood overlay is the primary risk, potentially affecting insurance costs and resale liquidity; buyers should verify recent flood history and council mitigation plans. The property’s 1982 last sale suggests limited recent transaction data, and the bedroom count inconsistency across sources warrants physical verification. The underfloor storage and NBN connectivity are supporting features, not prime drivers. For a buyer, this house works best as a held property with staged improvements, leveraging the land value over time rather than seeking short-term capital gain.