51 Hickory Street, Goondi Bend QLD 4860

Solid block home on large 809m² lot | Project for renovators or first buyers | No flood or bushfire overlays | Fibre and 5G coverage This property presents a competitively strong proposition due to its substantial 809m² lot in a residential area with no recorded environmental overlays, a significant configuration advantage over typical stock. The solid block construction on a large parcel with low building coverage offers clear scope for extension or subdivision, aligning perfectly with the needs of a renovator or an investor seeking land banking potential. Its description as a project solidly positions it for buyers with capital for improvements rather than those seeking a finished home. Proceed with the understanding that its value is entirely tied to the latent potential of the land, as the house itself is presented as requiring work. The primary risk is overcapitalisation in a suburb where precise median benchmarks are unclear; your offer must be grounded in the cost to renovate plus the underlying land value. Secure a building and pest inspection to quantify project costs, and use a property report to validate locality risks and insurance premiums, ensuring the commercial logic of the development potential is sound.