3/11 Duke Street, Nundah QLD 4012

| 2-bed secure townhouse | Nundah 4012 | 83m² internal on 120m² land | low-density complex | strong rental demand | This property occupies a rare position in Nundah: a small, secure complex of five townhouses with 60% renters, indicating consistent tenant demand and low owner turnover. Its 83m² internal area is efficient for a two-bedroom layout, and the 120m² land parcel, while modest, is fully utilised with a garage and open-plan living. The location within walking distance to Nundah State School and Aviation High, plus FTTP connectivity, strengthens its appeal to professional couples or small families seeking a lock-and-leave option. The estimated $976,000 value, supported by comparable sales within 4km at $823k, suggests a buyer could secure a property with immediate equity potential in a suburb where two-bedroom houses median $910,000. The primary risk is the 1985 build age, which may require near-term maintenance to kitchens, bathrooms, or roofing—costs that should be factored into any offer. The 117-120m² land size limits future subdivision or extension, so capital growth will rely on area gentrification and rental yield rather than land banking. However, the $650 weekly rental estimate offers a gross yield of 3.5% at current value, viable for an investor. For an owner-occupier, the secure complex and low body corporate fees (implied by small complex) reduce holding costs. Hold this property as a core residential holding in a tightening inner-north market, targeting 5-7 year capital appreciation.