35 Warrungen Way, Ashmore QLD 4214

Renovated Bali-style house | 896sqm elevated block | 32% building coverage | 85% owner-occupied street. The property’s competitive strength lies in its low building coverage on a large elevated block, offering rare dual living or home business potential that most nearby houses lack. The resort-style design with in-ground pool and tropical landscaping creates a private retreat, best suited for a buyer seeking lifestyle flexibility or a compound-like setting. The high owner-occupancy rate on the street signals stable demand and limited turnover risk. The 1988 build, despite renovation, may carry older structural or compliance costs not immediately visible. The 40% auction clearance rate on the street suggests buyer caution, potentially softening resale liquidity. However, the 5G coverage and absence of environmental overlays reduce holding risk. Hold as a long-term family residence or convert for dual occupancy to extract land value.