40 Plumer Street, Sherwood QLD 4075

1906 character home | dual-living studio | flood-free elevated block | admired street | city views This property presents a competitively strong offering due to its rare dual-living configuration within a character home on an admired street. The newly built, council-approved studio provides immediate rental income or flexible accommodation, a significant advantage over typical single-dwelling stock. Its flood-free, elevated position with city views and modern updates caters precisely to families seeking multigenerational living or investors targeting yield enhancement in a high-demand suburb. The primary decision factors are the below-average land size, which may limit future expansion, and the inherent maintenance liability of a 1906 structure, despite recent renovations. The commercial logic is clear: utilize the studio’s income to offset holding costs while benefiting from the timeless streetscape. This property is best held as a long-term home with an income stream, not as a land bank.