78 Alderley Street Rangeville QLD 4350

Elevated Rangeville pocket | tightly held family locale | 697m² lot rare for suburb | functional 3/1 layout | auction format. The primary risk is the auction process compressing due diligence, while the single bathroom caps capital growth relative to modern expectations. The opportunity lies in securing a large, elevated block in a blue-chip suburb, with the 2023 lease indicating stable investment demand. This property is best held as a long-term land bank or a straightforward rental, as its value is fundamentally in its land parcel rather than its current improvements. Its competitive strength is the nearly 700m² lot size, which is generous for Rangeville and provides future subdivision or extension potential. The established renovation, solar, and secure parking serve a buyer seeking a low-maintenance entry into a premium school catchment. This house suits a land-banking owner-occupier or an investor prioritizing land content over immediate yield. Your next step is to assess the premium the market places on land size here, before the auction sets the price.