39 Tovey Road, Boronia Heights QLD 4124

Large block with flexible garage | Renovated interior but no ensuite | $860k-$967k estimate carries risk without comparable transactions | Suburb growth of 13% supports value but tenant yield is only 3.5% A buyer should treat the garage as the primary value mechanism here, not just the house. The powered triple-bay workshop with side access effectively turns a standard family home into a dual-purpose property for tradies, hobbyists, or those wanting passive income from a 720-dollar weekly tenant. The risk is that the single bathroom and lack of an ensuite severely limit resale for families above the 860k threshold, meaning the buyer must hold for the long term or rent it out; a flip is unlikely to yield returns given the current estimate range. This property is best held as a long term rental with the garage as a personal workspace. What makes this property competitively rare is the combination of a fully fenced 747 square metre block with a renovated interior and a workshop that most 4-bedroom homes in Boronia Heights simply do not have. The 280-square-metre building coverage gives genuine separation and space for two cars under cover plus a separate rear garage, which means it serves families with multiple vehicles or someone needing a home business; it also avoids bushfire, flood, and heritage overlays so insurance is lower and renovations are easier. A buyer should secure an independent building inspection on the garage slab and roof height of five metres before exchange, then proceed if cash flow from the sitting tenant covers the holding cost.