29/47 Mcdonald Flat Road, Clermont QLD 4721

3-bed flat | 244m² land | 51% long-term tenants | bushfire overlay detected This unit offers a rare combination of a 244m² land holding within a multi-unit complex, providing a land-to-dwelling ratio that is uncommon for flats and supports long-term capital appreciation. The 51% tenant retention over 10 years signals strong rental demand and low turnover costs, which directly benefits an investor seeking stable income. The property is best suited for a buyer prioritizing yield over immediate capital growth, as the $480 weekly rent against a $240,000 value delivers a gross yield above 10%, outperforming many regional investments. The bushfire overlay is the primary risk, potentially affecting insurance premiums and future resale, though no flood or heritage constraints exist. The NBN Fibre to the Node and 4G coverage are adequate but not premium, and the complex’s age may require maintenance levies. The opportunity lies in the high yield and tenant stability, which can offset the overlay risk, and the historical annual growth of 4.82% to 10.52% in the complex suggests steady value appreciation for a patient buyer.