43 Drevesen Avenue, Cleveland QLD 4163

1980 brick high-set | 607m² fully fenced block | dual side access | central to schools, shops, bay | tenanted. This property presents a structurally sound, low-maintenance opportunity in a tightly held suburb experiencing significant capital growth. Its large, fully fenced block with dual access offers clear future utility—be it expansion, storage, or a pool—uncommon at this price point in central Cleveland. The home’s original condition and current tenancy make it ideal for an investor seeking immediate yield with a view to later cosmetic updates, or a first home buyer able to occupy the solid structure while planning renovations. Its position within walking distance to top-tier state schools and amenities anchors its enduring appeal to both family and professional demographics. Your primary risk is paying a premium for suburb momentum without contemporary finishes, as the unrenovated interior may not compete with updated homes in a softening market. The commercial logic is securing a large, servicable block in a central location where land value dominates; hold it for land banking with rental income offsetting costs, or undertake a strategic renovation to capture the family buyer premium. Engage Propcred to pressure-test the listed price against true off-market comparables, verify tenant lease details, and assess flood or zoning constraints on the sub-dividedle side access.