22 Chesney Street, Carina QLD 4152

Elevated flat block in quiet Carina pocket | 1950s family home with separate studio | 627sqm, 16m frontage, 37% coverage | Low-maintenance outdoor living with tandem parking The property’s competitive edge lies in its rare combination of a 627sqm elevated flat block with a fully separate studio, offering immediate functional separation for multi-generational living, a home business, or rental income. The 16m frontage and 37% building coverage signal future extension or subdivision potential, while the low-maintenance yard and tandem parking reduce ongoing costs. It is best suited for families seeking flexible space without renovation, or investors targeting high-yield dual-living configurations. The primary risk is the single bathroom in the main house, which limits appeal for larger families and may require future outlay for an ensuite. The 1950s build may present deferred maintenance in wiring or plumbing, though no structural issues are flagged. The studio’s rental contribution is not quantified, but at an estimated $820/week total, yield is moderate at current valuation. Hold for capital growth driven by Carina’s scarcity of flat blocks, or use the studio to offset mortgage costs while the main house appreciates.