32 Ryena Street, Stafford QLD 4053

Dual living opportunity | renovated upstairs | 673sqm land in strong corridor | price reflects premium for space This property carries a clear dual-income logic but requires a buyer who values separate tenancy pathways. Downstairs unit provides recurring cash flow but also imposes a discrete maintenance and compliance overhead that a single-family buyer would not carry. Holding pattern: owner-occupy upstairs, rent downstairs. At current market estimates this is a fair-priced land play with structural optionality, not a discount. What makes this house rare is the combination of elevated postwar floorplan, large flat block, and existing self-contained lower level within a 12-day selling market. For a buyer targeting Stafford’s 3-bed median of $1.215m, this offers 4 functional bedrooms and dual address potential without future subdivision cost. It suits owner-occupiers seeking yield, or investors wanting a single-title two-income property. Given the 2021 sale at $965,000 as a 3-bed, the premium now reflects both the renovation and the dual living upgrade. Arrange a private inspection to verify the downstairs separate access and council compliance — that is the difference between a premium and a mistake.