1/22 Moore Street, Morningside QLD 4170

Heritage Queenslander townhouse | 3 beds over 2 floors | dual living areas | premium fit-out | prime school catchments This townhouse presents a compelling hybrid, merging preserved 1920s character with modern construction for a low-maintenance lifestyle. Its two-bedroom upper floor with lounge, dining, and balcony functions as a complete residence, enhanced by a separate ground-floor bedroom and living space. This configuration is competitively strong for multi-generational families or an owner-occupier leveraging rental income, positioned within sought-after school catchments. The premium finishes and double garage further differentiate it from typical townhouses, targeting buyers seeking character without renovation risk. The primary decision hinges on paying a premium for character within a strata title, where the compact 105m² lot limits land value appreciation relative to standalone houses. The asking price exceeds its estimated market value, indicating vendor expectations are currently ahead of market fundamentals. For an investor, the solid rental yield offers serviceability, but capital growth may be tempered. Proceed only if the character premium aligns with personal utility, and negotiate firmly against the listed price to secure a position reflective of its townhouse asset class.