3 Achurch Street, Palmview QLD 4553

Tenant locked until 2026 | solar okay but roof age unknown | no professional photos yet | medium block size limits expansion The decision here hinges on the tenancy. An existing lease at $750 per week provides immediate cashflow but locks the buyer out of occupying for two years; this costs the buyer flexibility and may limit borrowing capacity if owner-occupier rates are sought. The property is held by time, not by structure—the modest 312 sqm allotment and typical floorplan offer limited renovation upside; a plain judgment is to treat this as a passive income hold with no path to short-term value-add unless subdivision becomes feasible. What is competitively rare is the rental yield against similar houses in Harmony, which typically trade tighter on supply. The dedicated media room and alfresco area under roof give this property a functional edge over basic four-bedroom layouts. It best serves an investor already inside the Sunshine Coast growth corridor who can wait out the tenancy for moderate equity gains. If the contract falls through, request a building and pest with solar panel efficiency check—once that clears, this property becomes a buy-and-hold candidate without major repositioning risk.