72 Melbourne Street, Karalee QLD 4306

4 bed brick home | 3.2 usable acres | tenanted until Sep 2026 | bushfire and flood overlays This property offers a rare combination of acreage living with a solid lowset brick home, situated on 1.31 hectares of usable land among gum trees. The configuration of four bedrooms, two bathrooms, and three car spaces serves families seeking space and semi-rural privacy while remaining within catchment for Karalee State School and Ipswich State High School. Its competitive edge lies in the tenancy secured until September 2026 at $1,000 per week, providing immediate income certainty for a buyer not requiring immediate occupancy. The property is best suited for an investor seeking a long-term hold with acreage upside, or a family willing to wait for vacant possession. The bushfire and flood overlays represent material risk, potentially affecting insurance costs and future development flexibility, and should be quantified through due diligence. The absence of detected internet connection may be a drawback for remote workers, though 5G mobile coverage is confirmed. The asking price sits below the estimated value, suggesting negotiation room, while the rental yield is modest for the price point. For a buyer, this property functions best as a held investment with a fixed income stream, or as a future family home once the tenant vacates.