4/109 Hall Street, Alderley QLD 4051

3-bed townhouse, boutique block of four | oversized deck with built-in BBQ | solar system, bushfire overlay | vacant, value-add ready, flexible floorplan The property’s strongest buying case lies in its configuration—a three-level townhouse with a flexible downstairs room and a huge covered deck that functions as an additional living zone, rare in this price band. The 6.64kW solar system and solid body corporate with a healthy sinking fund reduce holding costs, while the bushfire overlay is present but does not affect insurability materially. This unit suits an owner-occupier wanting a turnkey home with expansion potential, or an investor targeting sub-$900k entry into a suburb with 27.5% growth. The key risk is the conflicting valuation range—Domain’s $870k versus Property.com.au’s $1.075m—meaning a buyer must anchor offers near the lower end to secure upside. The bushfire overlay may deter some lenders but is not prohibitive. The downstairs space is not legally a third bedroom, which limits rental yield to a two-bedroom rate. The opportunity is to add value through cosmetic updates and market the deck as a premium feature. Hold for medium-term capital growth and rent at $725/week if needed.