87 Andergrove Road, Andergrove QLD 4740

Large 2692m² parcel | 5-bed house with renovation scope | Substantial 15% building coverage | FTTP NBN & 5G coverage This property presents a rare suburban holding, combining a large, developable parcel with a solid, existing house in proximity to Mackay’s CBD. Its core strength is land volume, offering a low coverage ratio on a near-level block, which creates a clear option for future expansion or subdivision, subject to council overlays. The house itself is a functional shell, serving buyers seeking a long-term family home with renovation equity or a strategic land bank. Critical due diligence is required on the bushfire and flood overlays, as these directly impact insurance costs and future development feasibility. The absence of recent comparable sales nearby obscures true market calibration. Proceed only with a contingent offer, mandating professional reports to quantify overlay mitigation costs, thereby securing the land value while derisking the existing structure. This property suits a holder with capital for due diligence and improvement.