Positioned in an elevated pocket of Leichhardt on a generous 809m² allotment, this high set home delivers the kind of flexibility buyers are actively chasing right now: immediate rental return, future upside, usable land, serious shed space, and lifestyle practicality. Set behind secure fencing with rear yard access, the home combines classic timber character with everyday function. A welcoming front timber deck captures breezes and creates the perfect elevated retreat, while inside, polished timber floors, natural light, and louvered windows bring warmth and airflow through the central living zone. For investors, the appeal is immediate: the property is secured by a fantastic long term tenancy, currently leased at $550 per week until 16 October 2026, offering reliable income from day one. For owner occupiers planning ahead, this is also a property with genuine future potential, combining established infrastructure with a large usable backyard complete with fruit trees, open lawn, and room for children, pets, trailers, caravans, or additional improvements subject to council approval. Positioned almost directly opposite Tony Merrell Park, buyers also enjoy immediate access to one of the area's largest green open spaces, ideal for families, morning walks, outdoor play, and everyday breathing room. The location is further enhanced by a strong network of nearby parks, sporting grounds, recreational facilities, and community amenities, adding even more lifestyle appeal to an already highly practical address. Property highlights: • Elevated high set home on 809m² • Fantastic long term tenant in place at $550 per week until October 2026 • Three generous bedrooms with ceiling fans, built in robes and timber floors • Open plan living and dining with air conditioning • Light filled kitchen with gas cooking, pantry and excellent natural ventilation • Modern bathroom with walk in shower and separate toilet • Front timber entertaining deck capturing breezes and outlook • Huge 6m x 9m three bay shed with concrete floor, double door access and workshop potential • Rear yard access ideal for tradies, boats, trailers or caravans • Under house storage, workshop zone, laundry and additional covered car accommodation • Existing solar panels in place • 5,000 litre water tank • Mains gas connected • NBN fibre to the curb • Security screens and fenced yard • Established fruit trees and low maintenance outdoor space The backyard continues to deliver with practical open space and long term versatility. Whether it is extra storage, home projects, gardening, or simply enjoying more land than most suburban homes now offer, this is a property that genuinely gives buyers options. Location that keeps getting stronger: Leichhardt remains one of Ipswich’s most practical and connected suburbs, increasingly popular for buyers wanting value without losing convenience. • Approx. 3 km to RAAF Base Amberley • Minutes to Ipswich CBD • Easy access to Wulkuraka Railway Station for direct Brisbane commuting • Close to Riverlink Shopping Centre, Ipswich Hospital and major services • Near Leichhardt State School and Immaculate Heart Primary School • Close to George Alder Tennis Centre and Leichhardt Swim Centre • Fast connection to Cunningham Highway for Brisbane and western corridor access Outgoings: • Ipswich City Council rates approximately $638.65 per quarter • Water charges approximately $323.14 per quarter plus usage This is the kind of property that quietly ticks far more boxes than expected: land, income, infrastructure, future flexibility, and a location that continues to strengthen. Disclaimer: While every effort has been made to ensure the accuracy of the information contained herein, Intuitive Realty accepts no responsibility for any errors, omissions, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify all information provided.
RealistIQ deal score
Neutral value signal
37
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 38 Flinders Drive, Leichhardt before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $35,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $588,000 - $979,000Wider ranges mean more uncertainty.
RealistIQ estimate$784,000
Market price guide$749,000
$588,000$979,000
Before you inspect, check what similar properties actually sold for.