17/17 David Street, Burpengary QLD 4505

2 bed/2 bath/2 car townhouse | rare dual garage configuration | modern finishes | flood overlay present | ground level unit This property presents a competitively strong proposition within its complex, primarily due to its two-car garage configuration, a feature that distinguishes it from the majority of comparable three-bedroom units in the development which typically offer only single parking. Its modern finishes and ground-level layout enhance its appeal to first-home buyers and owner-occupiers seeking low-maintenance living, positioning it as a premium offering within the existing stock. The unit serves this entry-level market segment most effectively, offering a perceived upgrade in convenience and storage within a well-maintained complex, supported by reliable infrastructure like FTTP NBN. The principal risk mechanism is the identified flood overlay, which necessitates specific due diligence regarding insurance premiums and potential future resale constraints. Recent sales within the complex demonstrate a clear price premium for two-bedroom units with dual garages, with the direct comparable at 21/17 David Street achieving $660,000. This establishes a credible value anchor. The opportunity lies in acquiring a configuration that is under-supplied relative to demand in the complex, offering a logical commercial edge in both rental appeal and capital retention. Hold this property as a long-term entry point into the market, with its configuration ensuring it remains distinct from the more common three-bedroom floorplans. Recent sales within the complex provide clear benchmarks: – 21/17 David St: 2 bed, 2 bath, 2 car, 140m². Sold $660,000 (Jul 2025). – 6/17 David St: 3 bed, 2 bath, 1 car. Sold $542,000 (Nov 2024). – 11/17 David St: 3 bed, 2 bath, 1 car. Sold $540,500 (Oct 2024). – 9/17 David St: 3 bed, 2 bath, 1 car, 76m². Sold $459,000 (Dec 2023). The $660,000 sale for the identical two-bedroom, two-bathroom, two-car layout sets a direct and compelling value precedent for this property, indicating a significant premium over three-bedroom units with single garages. This data underscores the market’s valuation of the superior parking and modern configuration.