29-51 Thompson Road, Greenbank QLD 4124

Large acreage with 10-car secure parking | 1970s build fully renovated | Bushfire overlay | Secluded yet 38min to CBD This property’s primary strength is its rare combination of substantial, usable acreage and extensive hardstand parking, a configuration that directly serves buyers requiring space for machinery, vehicles, or a home-based enterprise. The complete renovation modernises the 1970s structure, while the location offers practical seclusion with strong access to schools and the Springfield centre. It is ideally positioned for a lifestyle or trade-oriented purchaser who values utility over pure suburban form. The bushfire overlay imposes specific insurance and maintenance costs that must be factored into holding expenses. However, the property’s versatility presents a clear commercial logic: the outbuildings and land size support income-generating uses or significant cost displacement for a business. This is a hold property for an owner-occupier who can fully utilise its operational capacity, not a passive investment. Recent comparable sales data is limited, but the property itself transacted very recently in September 2024. This immediate resale suggests a motivated vendor and provides a critical, current price anchor for your assessment.