3/137 Olsen Avenue, Labrador QLD 4215

Renovated duplex | pool complex | hospital walkable | 252sqm low-maintenance lot. This townhouse offers a rare combination of recent renovation, small complex with pool, and immediate proximity to University Hospital. The 84sqm internal area is efficiently planned for a three-bedroom layout, and the 252sqm lot with two car spaces provides practical suburban amenity. For a buyer seeking a turnkey property in a well-located, low-body-corporate setting, the configuration is competitively positioned against older stock in the area. The property suits owner-occupiers who value convenience and minimal upkeep, or an investor targeting stable rental demand from hospital and school catchment tenants. The bushfire overlay introduces a specific due diligence requirement but does not typically affect financing or insurance materially in this location. The single bathroom may limit appeal for families or share-house tenants, and the absence of flood or heritage overlays simplifies risk assessment. The 2017 purchase price of $312,500 underscores strong capital growth, but the current estimate of $871,000 leaves limited short-term upside without further renovation. Hold as a core suburban holding for steady rental yield or eventual owner-occupier sale, not for speculative flipping.