46/182 Government Road, Richlands QLD 4077

Townhouse with in-ground pool | 3-bed, 2-bath, 2-car | Within primary & high school catchments | Bushfire overlay present | 5G coverage confirmed This townhouse presents a competitively strong offering for an owner-occupier or investor seeking a low-maintenance property with premium lifestyle features in a family-oriented location. The inclusion of an in-ground pool and secure parking within a 79-square-meter lot is a notable configuration for a townhouse, differentiating it from standard units. Its position within the Richlands East and Forest Lake State High catchments solidifies its appeal to a family buyer profile, providing a stable tenancy or ownership base. The absence of flood or heritage overlays simplifies due diligence, though the bushfire overlay requires specific attention. Proceed with the understanding that the bushfire overlay mandates construction standards and may impact insurance premiums. The valuation spread between databases, from $830,000 to $935,000, indicates market uncertainty, demanding a precise, current valuation to anchor your offer. For an investor, the calculated 3.6% gross yield is modest; this property’s value is primarily in its owner-occupier appeal and land component within a strata scheme. Consider this a hold for long-term capital growth leveraged by its school catchments, not for high immediate rental yield. Our property report would clarify its real market valuation and provide the necessary checks for locality risks and overlay-related insurance implications. A comparable property in the same complex, 182 Government Road, is a 2023-built flat apartment on a 1.1-hectare lot valued around $848,000. This highlights that the subject townhouse, on a 79m² lot, commands a valuation premium. This suggests the market is assigning value to the townhouse’s specific built form and potentially its pool, despite the apartment’s newer construction and vastly larger land parcel.