23/20 Bognor Street, Tingalpa QLD 4173

Renovated secure townhouse | 3 bed 2 bath courtyard | Pool complex Tingalpa | School catchment flood bushfire overlay This property presents a rare combination of turnkey condition and secure complex living in a suburb that serves both owner-occupiers and investors well. The recent refurbishment removes immediate capital outlay, and the gated community with pool and on-site management is uncommon for this price band in Tingalpa. The courtyard and three-bedroom layout suit downsizers and small families equally, while the school catchment to Wondall Heights and Brisbane Bayside State College adds long-term demand stability. For a buyer seeking a low-maintenance home with immediate livability and strong rental potential near $705 per week, this townhouse occupies a defensible position in a market where renovated stock in small complexes is consistently absorbed. The flood and bushfire overlays are the primary structural risk and must be quantified through exact mapping and insurance quotes before proceeding. These overlays may constrain future renovation options and raise holding costs, but they also suppress competition from risk-averse buyers, creating a potential value entry for those who complete due diligence. The listing status requires verification, as a June 2025 sale at $780,000 may indicate a recent transaction or a relisting at a higher ask. Body corporate fees are not disclosed but will materially affect yield and should be confirmed. This property works best as a hold-and-use home or a buy-and-hold rental, provided the overlay risk is contained and the body corporate costs align with market norms.