8 Mackie Street, Chinchilla QLD 4413

4-bed house on 868m² | fully fenced, garage | long-term tenant in place | room to renovate or expand The property sits on a generous 868m² fully fenced lot with two garage spaces, which is rare for a four-bedroom house in this price band in Chinchilla. The long-term tenant in place signals steady rental demand and reduces vacancy risk for an investor. The block offers genuine room for expansion or cosmetic upgrades, giving a buyer optionality to add value over time without overcapitalising. This suits an investor seeking stable yield with a medium-term uplift play, or a family wanting space near schools without paying a premium. The main risk is valuation inconsistency—one source suggests a much lower figure than the consensus range, which may indicate data lag or condition issues not visible online. The 2021 sale price of $270,000 shows strong capital growth since, but the buyer must verify current condition and any deferred maintenance. There is no flood or bushfire overlay flagged, which is a positive. The opportunity is to secure a large block with tenant income and renovation headroom in a growing regional centre. Use this as a hold-and-improve property: keep the tenant, renovate selectively, and revalue in two to three years.