312 Bowen Terrace New Farm QLD 4005

Prime inner-city position | Large 991m² block with 5-bed house | No flood or bushfire overlays | For sale by auction This property presents a low-risk, high-amenity holding in a tightly held suburb. The absence of flood or bushfire overlays removes significant insurance and holding cost uncertainties, while the substantial 721m² building on a near-full block offers immediate utility or future reconfiguration potential. Its value sits within a well-defined range, suggesting a stable acquisition. Secure it as a long-term family residence or a high-value rental; the scale supports both. Its competitive strength lies in the rare combination of a large, level parcel in New Farm with multiple car spaces and no development constraints, a profile increasingly scarce. The five-bedroom, three-bathroom configuration serves a premium demographic seeking space without compromising location, directly feeding into strong school catchments. This positions you in a market segment with limited turnover and resilient demand. Your next step is to validate the building’s condition and layout against its quoted coverage to assess renovation scope or holding costs.