38 Wellington Road, Red Hill QLD 4059

Four-level townhouse | 231m² land | 3 beds each with ensuite | Mount Coot-tha views | No overlays This property presents a competitively strong offering due to its rare configuration and landholding within an inner-city suburb. The combination of three bedrooms each with private ensuites, a fourth bathroom on a versatile lower level, and a 231m² parcel is atypical for townhouse stock, positioning it for dual appeal to owner-occupiers seeking space and privacy, and to investors targeting the premium rental market. Its multi-level layout with dedicated living zones and sweeping views directly serves professionals or compact families who value proximity to the CBD, stadium precincts, and Kelvin Grove education hubs. The decision hinges on the lack of recent, direct comparable sales, requiring a disciplined valuation to anchor the price within the broad listed range. The 1982 build necessitates a focused building inspection for multi-level integrity and potential renovation costs against the modernised kitchen. This property is best held as a long-term residence capitalising on its unique format, or as a high-yield rental leveraging strong inner-city demand. Propcred can precisely benchmark this unique offering against off-market sales, verify locality risks, and model the financial impact of its age and configuration.