5/66 Allen Street, Hamilton QLD 4007

3 bed in boutique Hamilton complex | single parking vs area standard of two | near top state primary | auction listing after 7-year hold This unit presents a competitively priced, low-maintenance entry into the Hamilton State School catchment, a consistent high-demand driver. Its three-bedroom, two-bathroom format with internal living over 130 square metres offers genuine family functionality, rare in this apartment segment, best serving owner-occupiers seeking proximity to the river and city. The inclusion of a balcony, ensuite, and air conditioning aligns with modern expectations, though the single car space is a notable concession against local norms. The primary risk is the discounted parking provision, which structurally limits its appeal and resale pool compared to two-space units, potentially capping capital growth. The immediate opportunity lies in acquiring below the estimated value at auction, given the recent comparable sale of a two-parking unit at $960,000. This property is a hold for the long-term catchment benefit, not a short-term trade. Recent comparable sale within the same building provides a clear benchmark: – 23/66 Allen Street: Sold March 2024 for $960,000. This was a 3-bedroom, 2-bathroom unit with two parking spaces. This direct comparison suggests the subject property, with one less car space, should transact at a measurable discount to that $960,000 figure, establishing a disciplined value anchor for your bidding.