1/164 Fairfield Road, Fairfield QLD 4103

5-bed townhouse | dual-living potential | flood overlay | walk to UQ & transport | classic Queenslander This property presents a rare, large-format townhouse with a configuration that is highly uncommon for the inner-city market. Its five-bedroom, dual-living layout is competitively strong, directly serving families needing space, investors targeting the high-yield student accommodation market near the University of Queensland, or buyers seeking a home-business or multi-generational living solution. The classic Queenslander character with contemporary updates positions it above standard townhouse stock, translating to broader tenant appeal and rental resilience. The primary decision mechanism is the flood overlay, a tangible risk that necessitates specific insurance due diligence and may impact long-term capital growth. However, the commercial logic is clear: the property’s scale and income potential from dual occupancy or student leasing actively offset this encumbrance. Acquire this as a long-term hold for its rental versatility; its unique layout ensures it will seldom face direct competition, securing its income stream.