17/115 Gumtree Street, Runcorn QLD 4113

3-bed townhouse | dual car spaces | in-ground complex pool | bushfire overlay | catchment for state schools This townhouse presents a competitively configured offering within a well-serviced suburban complex. The combination of three bedrooms, two bathrooms, and two car spaces, including a secure garage, is a functional layout that appeals to small families or professional sharers. Its inclusion within the catchment for both a primary and high school strengthens its owner-occupier appeal, while the complex amenities like a pool and secure parking support rental demand. The property is best suited for a buyer seeking a low-maintenance home with solid fundamentals in a established location. Proceed with clear risk mitigation. The significant valuation discrepancy between sources must be resolved through a independent appraisal and building inspection, particularly given the bushfire overlay which may impact insurance costs. The tight land size of 76 square metres underscores the unit’s dependence on shared complex facilities and management. For a buyer, the opportunity lies in securing a turnkey property with strong rental fundamentals; the decision hinges on verifying the true market value against the listed range. If acquired within the lower half of the estimated band, it represents a sound long-term hold for either occupancy or investment. A direct comparable sale exists within the same building complex. * **Unit 45/115 Gumtree Street:** Sold for $650,000 in April 2025. This was a 3-bed, 2-bath, 2-car configuration. This recent sale provides a critical, concrete benchmark, suggesting the higher valuation range may be optimistic. It establishes a firm market anchor that a buyer must use to pressure-test the current asking price.