5 Colbet Close, Victoria Point QLD 4165

4 bed, 2 bath, 4 car | 324sqm on 825sqm | versatile separated living | vacant, rent-ready at $1000-$1100/wk This property’s competitive edge lies in its rare combination of generous internal area on a large lot, offering a configuration that supports multiple living zones—a feature increasingly sought after by families and investors seeking separation of space. The four-car accommodation and 2003 build quality reduce immediate maintenance concerns, while the vacant possession and rental appraisal of $1000-$1100 per week present a clear income projection. It serves best a buyer wanting a low-friction entry into a family-oriented suburb with immediate cash flow potential or a spacious owner-occupier home near shopping centres. The primary risk is the recent sale in February 2025 followed by a swift relisting, which may indicate a change in buyer circumstances or a latent issue not disclosed in listings; a building and pest inspection is non-negotiable. The large lot on a quiet close offers subdivision potential only if council zoning permits, which requires verification. Opportunity lies in negotiating from the vacant status—sellers carrying holding costs may accept a quicker settlement. Hold for rental yield or renovate selectively to lift value; do not overpay without confirming the prior sale price.