102 Foxton Street Morningside QLD 4170

Large renovated 1930s house | high side of Morningside | no overlays | 688m² land | 3-bed, 3-bath extended floorplan The decision pivots on paying a premium for a renovated, extended character home on a large block in a stable suburb. The primary risk is the capital outlay for a 96-year-old structure, despite renovations, which may incur higher maintenance costs unseen in a building report. The opportunity lies in securing a property with immediate livability and rental appeal in a sought-after location without bushfire or flood constraints. This property suits a long-term hold for an owner-occupier seeking space or an investor accepting a sub-3.5% gross yield for capital growth. Its competitive strength is the rare combination of a 688m² parcel, three bathrooms, and modern extensions within a pre-war character frame, a configuration exceeding typical local stock. This serves a buyer needing ample internal space and outdoor area, positioned between quality school catchments. The solar panels, multiple living areas, and lack of development overlays provide practical utility and security of tenure. This analysis forms a basis for negotiation; engage us to validate the build quality and auction strategy against true comparables.