65 Newmarket Street Hendra QLD 4011

Flat 587sqm | low-set brick | walk to school | auction 20 May The property presents a rare combination of a flat 587sqm lot and a solid low-set brick home in a tightly held Hendra street where 85% of properties are owner-occupied. For a buyer seeking immediate livability with extension or rebuild optionality, the 36% site coverage and absence of flood, bushfire, or heritage overlays remove the most common constraints on value uplift. The walkable proximity to Hendra State School and reliable NBN FTTP add practical appeal for a family buyer or investor targeting the strong 64% auction clearance rate in the local three-bedroom market. The principal risk is that the 1992 sale date signals no recent renovation, so capital expenditure on updating the kitchen, bathroom, and single-car accommodation is likely required to achieve top-of-range rental or resale value. The opportunity lies in the low site coverage and level backyard, which support a rear extension or granny flat subject to council approval, improving yield or equity without moving. Hold as a liveable entry into a premium suburb, renovate selectively, or redevelop when the market cycle favours new supply.