77 Ridgecrest Drive, Flagstone QLD 4280

77 Ridgecrest Drive Flagstone QLD | No flood bushfire heritage overlay | Ground elevation 41m safe | 29% coverage lot limits expansion | NBN FTTP connected The property’s 2015 build and 701m² lot on a 29% coverage ratio effectively cap any future extension without council variation, which a buyer must factor as a constraint on equity growth through renovation. The strong rental yield of 4.52% at mid-range $670 per week offers immediate cash flow cover but the low accuracy rating demands verification through a formal rent appraisal. The adjacency to a $1.096m comparable at 79 Ridgecrest Drive confirms the valuation band is defensible, making this a hold for rental income rather than a flip opportunity. The competitive strength lies in its four-bedroom three-living-area layout on a fully fenced block within walking distance to two state schools and St Bonaventure’s, which secures tenant demand from families. The split system air conditioning, dishwasher, and remote garage reduce immediate maintenance costs for an owner-occupier. This property best serves a buyer seeking a low-risk entry into the Flagstone market with proven rental history, not someone hunting for land banking or subdivision gains. To lock in the valuation confidence and test the rental floor, order a building and pest inspection before the private treaty closes and instruct the agent to provide the last twelve months of lease records.