41 Normanby Street, Wulguru QLD 4811

Large family block in heart of Wulguru | 3-bed house with 4 car spaces | Fully fenced secure parking | No flood or bushfire overlays This property presents a competitively strong proposition based on its generous 1,012m² lot, a configuration rare in modern subdivisions. The approximate 30% building coverage and substantial 307m² footprint deliver significant usable space, appealing directly to families or buyers seeking extensive living and entertainment areas. Its position on a reliable, serviced residential lot without environmental overlays removes critical acquisition risks, while the secure parking and fencing enhance practical livability. The established school catchments and private school proximity solidify its family appeal. Proceed with the understanding that the primary risk is market validation, as specific comparable sales data is unavailable to benchmark the asking price against recent transactions. The conflicting floor area figures require immediate physical verification during inspection. The commercial logic rests on achieving a gross rental yield near 4.8%, positioning it as a viable holding for a long-term owner-occupier or a rental investor. Given the data, any offer must be contingent on a formal valuation to justify the premium over the estimated value.