7 Ling Street, Toolooa QLD 4680

Elevated corner block opposite parkland | polished floors and updated bathroom | strong rental yield potential | side access for expansion or vehicles This property offers a rare combination of elevated positioning, parkland aspect, and a functional 664m² corner block with side access,features that are competitively scarce in Toolooa. The polished timber floors, updated bathroom, and tiled kitchen suggest the house has been maintained to a standard that avoids immediate capital outlay, while the large shed and separate garden shed add genuine utility for families or investors seeking storage or vehicle space. The layout suits first home buyers wanting move-in condition or investors targeting a ~5% rental yield with room to improve. The bushfire overlay is present but does not appear to constrain use or insurability materially; it is a known factor in this locality and priced in. The main risk is the listing price sitting near the lower end of valuation estimates, which may reflect a need for a quicker sale or minor deferred maintenance not yet visible. The 1982 build and 33% site coverage leave headroom for future additions or a secondary dwelling, subject to council approval,this is the primary upside. The property holds well as a long-term hold in a corridor with steady Gladstone demand, or as a renovator’s base with immediate cashflow if rented. Buyers should inspect for roof condition and any evidence of termite activity given the bush setting, then proceed with an offer that reflects the current market’s mid-range.