3 Brosnan Drive, Capalaba QLD 4157

3 bed 1 bath on 651m² | dual occupancy potential | established family suburb | school catchment location | solid but not premium configuration This property sits in the middle of Capalaba’s detached housing market, offering a functional 3-bedroom layout on a 651m² lot that is large enough to feel suburban but not oversized for its configuration. The house itself is modest internally at 103m², which is typical for older stock in the area, and the single bathroom is a constraint for some families but not unusual at this price point. What gives this property a competitive edge is the dual occupancy planning application lodged for the site, which signals potential for intensification that most standard houses in the street do not carry. It serves best a buyer who wants a solid entry into a school catchment area with the option to redevelop or hold for future yield, rather than someone seeking a premium finished home. The estimated value around $981,000 with a potential rent of $670 per week suggests a gross yield near 3.6%, which is ordinary for a detached house in this corridor but not weak. The single bathroom and modest internal area may limit appeal to some owner-occupiers, and the dual occupancy application, if approved, could shift the property’s character from a straightforward family home into a development play, which changes the buyer pool. Buyers should weigh whether the existing house meets their needs as-is or whether they are paying for land with redevelopment optionality, as the two outcomes imply different risk profiles and holding costs.