37 Edwards Street Flinders View QLD 4305

tenanted until 2027 at 530pw | no flood or bushfire overlay | fixed lease limits personal use | strong 713sqm lot in Raceview zone This property presents a constrained opportunity: the fixed tenancy until February 2027 blocks immediate owner-occupation but secures a reliable 4.5% gross yield on a $760,000 valuation. The 713sqm lot in a low-risk overlay zone provides land-banking optionality. For an investor, it is a hold-cash flow positive from day one with no immediate capital outlay pressure. For a buyer wanting to live there, it is a pass. The competitive advantage lies in the large level block and the absence of flood or bushfire overlays, rare for Ipswich. Polished timber floors and built-in robes are standard but reduce renovation needs. Reliable NBN and 5G coverage add lettability. This property best serves a passive investor seeking a low-management portfolio addition with tenant in place. If you want to secure a long-term yield on a solid lot, proceed with a building and pest check and confirm lease terms-then prepare an offer that reflects the cash flow, not the future equity.