42/1160 Creek Road, Carina Heights QLD 4152

| 2-bed townhouse | opposite Westfield Carindale | dual living zones | renovated with alfresco | 17.8% suburb growth | This property presents a rare configuration edge in a tightly held complex: a two-bedroom townhouse with two distinct living zones, which is uncommon for its size and price point. The renovation, including a new kitchen and refreshed courtyard, removes immediate capital outlay for a buyer. Positioned directly opposite Westfield Carindale, it captures strong rental demand from professionals and downsizers who value walkability to retail, dining, and public transport. The 17.8% suburb growth and 3.5% rental yield support both owner-occupier and investor logic, particularly given the low-maintenance outdoor space and complex amenities like dual pools. The primary risk is the single bathroom, which may limit appeal to families and cap capital growth relative to two-bathroom units in the same price bracket. The 1-car garage with laundry is functional but not generous. No detected flood or bushfire overlays reduce holding risk. The opportunity lies in targeting tenants or buyers who prioritise location and layout over bathroom count—this property suits a professional couple or single occupant. Hold for medium-term capital appreciation driven by the Carindale precinct, or lease immediately for a net yield near 3.5% with minimal vacancy risk.