11 Macintosh Street, Auchenflower QLD 4066

Flood risk | Dual-living potential | 1925 character | Off-market value gap The property carries a confirmed flood overlay, which introduces insurance cost and resale friction that a buyer must quantify before committing. The dual-living layout, however, mitigates this through income offset potential, effectively reducing net holding cost by leasing the lower level separately. The prudent move is to secure a flood risk assessment and price accordingly, then hold as a high-yield family compound or staged renovation play. What makes this house competitively rare is its intact 1925 Queenslander character combined with a functioning pool and versatile lower level-a combination scarce in Auchenflower’s tightly held suburb. For a buyer who values period detail, walkable urban access, and optional rental income, this property offers a defensible entry point into a premium corridor. The logical next step is to commission a flood impact report and local comparable lease analysis to validate the dual-living yield before any offer.