18/159 Merthyr Road, New Farm QLD 4005

Renovated street-level unit | direct courtyard access | prime New Farm location | strong school catchments This unit presents a competitively rare offering: a renovated, street-level property with direct courtyard access in a high-demand suburb. This configuration is optimal for an owner-occupier seeking low-maintenance living with a sense of privacy and immediate outdoor access, or an investor targeting professionals drawn to the convenience and light-filled renovation. Its position within established school zones further solidifies its appeal to a durable tenant and buyer pool. The primary risk is the opaque body corporate health and future capital works, which can impose unbudgeted costs on the owner. The lot share is substantial, suggesting higher potential levies. For a buyer, the opportunity lies in securing a turn-key property in a tightly held locale; the commercial logic supports a long-term hold to capitalise on land value in the complex. Proceed with a stringent review of strata records, as this dictates the investment’s fiscal performance.