5 Henderson Street, Cannon Valley QLD 4800

Large residential lot with pool & solar | 6-car garage capacity | Reliable 5G & NBN | No flood or bushfire overlays. This property presents a compelling proposition based on its significant landholding and built-form scale within a stable residential setting. The core strength is its substantial 2000m² parcel, which affords a 23% building footprint and supports a configuration with up to six car spaces-a distinct functional advantage for multi-vehicle families or those with space-intensive hobbies. The absence of recorded flood or bushfire overlays materially reduces insurance complexity and cost, a tangible financial benefit. With reliable connectivity and proximity to established school catchments, the house is positioned for owner-occupiers seeking space and utility over urban proximity, or for investors targeting large-family rental demographics in a region with demonstrated long-term value retention. Proceed with diligence on the clear discrepancy in reported bedroom and bathroom counts; this data conflict requires physical verification to confirm the true asset offering and avoid valuation error. The 2018 sale price is stale and irrelevant for current pricing, placing greater weight on the nearby comparable at 4 Henderson Street. That comparable, with a similar land size and six-car capacity at an estimated $2.025 million, provides a credible benchmark, suggesting this property’s value is anchored in its land component and garage utility rather than interior finishes, which are unconfirmed. Acquire this property if the verified configuration aligns with a need for substantial land and covered parking; its value is in its scarcity of large, unencumbered lots, not in premium amenities. For a buyer, it is a hold for lifestyle utility or long-term land banking, not for short-term speculative gain. Nearby comparable sale: 4 Henderson Street, Cannon Valley. 2078m² land, 6 car spaces. Estimated value $2,025,000. This establishes a firm value precedent for large-format residential lots in the immediate locale, indicating this property’s worth is fundamentally driven by its land area and exceptional vehicle accommodation.