4 Prenter Crescent
Kippa-Ring, QLD 4021

Overview

Unrivalled Opportunity: Affordable First Home, High-Yield Investment, Multi-Generational Living, or a Gold-Mine Land Holding

4 Prenter Crescent presents a unique and versatile opportunity in the Kippa-Ring market, ideal for first home buyers, investors, multi-generational families, or those seeking a valuable land holding. Situated on a generous 635 square meter allotment with an expansive 20-metre frontage, this property offers more than just a residence; it is a strategic asset within one of the Moreton Bay Region's most reliable growth corridors.

The main residence features three bedrooms and exudes character and comfort. Upon entry, you are welcomed by polished timber floorboards that add timeless warmth, complemented by a spacious living area equipped with air conditioning for year-round comfort. The home's layout is designed to embrace the Queensland lifestyle, with a natural flow leading to a large outdoor patio. This area is perfect for weekend gatherings and barbecues, while the expansive, level backyard provides a safe and open space for children to play. The kitchen is well-maintained and serves as the heart of the home, supporting both everyday living and entertaining. Among the three bedrooms, two include built-in robes and ceiling fans, enhancing comfort throughout the seasons.

A standout feature of this property is the separate, self-contained one-bedroom wing. This modern studio-style retreat includes its own kitchen, dining area, and a contemporary bathroom, offering privacy and flexibility. This space can serve multiple purposes: first home buyers can offset mortgage costs by renting it out, families can provide a private sanctuary for teenagers or aging parents, and investors can benefit from a potential rental yield estimated at 5%.

From a development perspective, the property is located within the Urban Neighbourhood Precinct, offering significant future upside. The 20-metre frontage and zoning support medium to high-density development, with height limits in the precinct potentially reaching 27 metres. This makes the property attractive for those considering development now or holding for future growth.

Location-wise, the property is nestled in a quiet crescent, providing a peaceful setting while maintaining excellent access to local amenities. It is just 150 metres from Hercules Road State School, and within walking distance to the Kippa-Ring Shopping Centre and Kippa-Ring Train Station, facilitating convenient commuting. For leisure, the vibrant Redcliffe Parade dining precinct and the iconic Settlement Cove Lagoon are only a six-minute drive away. Additionally, major hubs such as Westfield North Lakes, Brisbane Airport, and Brisbane CBD are easily accessible within 12, 25, and 30 minutes respectively.

This property offers a rare combination of yield, lifestyle, and development potential, making it a compelling choice for a wide range of buyers. It is a rare triple-threat asset in the Kippa-Ring market, promising both immediate enjoyment and long-term value.

Location