63 Sidlaw Street, Smithfield QLD 4878

Stable tenancy | no flood or bushfire risk | 800m² flat block | 45-year-old structure | single bathroom limits family appeal This house sits on an 800m² lot with sturdy construction and no flood or bushfire overlays—rare in Smithfield. The single bathroom and modest 110m² floor plan constrain capital growth for family buyers, but the existing tenancy at $525/week through 2026 provides immediate positive holding cost. The flat block and 14% site coverage leave clear room for a pool or shed extension that would lift equity. Hold for rental income; renovate or extend only after tenant vacates. Competitive strength is the large fully fenced block and shed in a catchment for Yorkeys Knob State School and Smithfield High. Air conditioning, dishwasher, and NBN FTTP make it move-in ready for investors or builders. This suits a landlord wanting steady cash flow with a future subdivision play or a first homeowner willing to add a second bathroom. The current rental yield of around 4.2% and suburb growth of 7.2% support the price if you negotiate toward the low end of the range. Proceed with a pre-purchase building inspection to confirm roof and structure age.