36/19 Likala Street, Wishart QLD 4122

Renovated two-level townhouse | Wishart school catchment | 173sqm land | secure dual parking The property’s competitive strength lies in its rare combination of a fully renovated interior, a low-maintenance 173sqm block with a private garden and timber deck, and dual parking including a secure garage,features that are scarce among two-bedroom townhouses in the Mansfield State High School catchment. This configuration positions it well for owner-occupiers seeking a lock-and-leave home with strong lifestyle amenity, or for investors targeting the stable tenant demand driven by the school zone. The recent renovation reduces immediate capital outlay and improves rental appeal, while the suburb’s high owner-occupier ratio and long-term resident profile suggest price stability. The primary risk is the bushfire overlay, which may affect insurance premiums and could narrow the buyer pool at resale, though no flood or heritage constraints are present. The property’s 1990 build year and compact 86sqm floor area limit upside for expansion, but the efficient two-level layout and modern updates mitigate obsolescence. For a buyer, the opportunity is to acquire a turnkey home in a sought-after school catchment with below-median land area for the suburb,meaning lower entry cost relative to detached houses. Hold for steady capital growth driven by school demand and Brisbane’s broader market, or rent for a projected $615 weekly yield with low vacancy risk.