41 Bellflower Street, Collingwood Park QLD 4301

Leased until 2026 | Near-new build | Premium asking price | Bushfire overlay present This property carries a mandatory holding period that reduces flexibility. With a lease locked to July 2026, any buyer seeking owner-occupancy faces a 2.5-year delay or costly break-lease negotiations. The previous $689,900 purchase and the $1,105,000 sale at 4 Bellflower Street suggest this house trades at a premium, but the bushfire overlay on nearby lots introduces a latent risk that insurers will price into annual premiums, likely $1,800-$2,400 above standard cover. Holding it as a rental until lease expiry yields income with known tenant history, but selling before 2026 would crystallise transaction costs that erode paper gains. A prudent buyer should acquire this only with a clear rental-hold intent or a negotiated vacant possession clause. The competitive strength lies in recent comparable sales data showing strong capital uplift across the street. The 234m² build at 4 Bellflower Street achieved $1.105 million, making the 240m² floor plan here positionally stronger for future resale. The 541m² block is among the largest on the street, and the walk-in pantry plus five-burner gas cooktop will appeal to family buyers when it returns to market. This house best suits an investor with a three-year horizon or a buyer willing to wait out the tenancy. You should now confirm the bushfire overlay status on this specific lot and request the current insurer’s premium to validate holding costs.