17 Calhoun Street, Mcdowall QLD 4053

Renovated main house | dual-living shed with council approval | rare 1,004m² block | tightly held family suburb. The property’s primary buying case rests on its legally separate, commercial-grade rear shed, which provides a genuinely rare dual-living configuration on a large block in a low-turnover suburb. For a buyer, this means immediate rental income from the shed’s one-bedroom loft, or multi-generational use without compromising the main house’s privacy. The newly renovated main residence reduces immediate capital outlay, while the two separate driveways and fenced zones make the shed independently tenable or usable for a home business. This property best suits an investor seeking yield from dual occupancy, or a family wanting flexible space without moving again. The key risk is that the shed’s commercial approval may limit some financing options and could attract different council scrutiny if used for business. Buyers should verify the approval’s scope and any conditions on occupancy. The large block’s subdivision potential is a longer-term opportunity but carries rezoning uncertainty. FTTP connection supports home-office use but is not a primary value driver. Hold this property for its dual-income resilience; sell only if subdivision becomes viable.