6/169 Merthyr Road, New Farm QLD 4005

Boutique loft-style | 3 bed 2 bath townhouse | Flood overlay | Inner-city walkable | Small complex This property presents a competitively rare loft-style townhouse in a boutique complex, a configuration less common than standard apartments in New Farm. Its three-bedroom, two-bathroom layout with secure parking serves busy professionals or young home buyers seeking contemporary, low-maintenance living within a premium, walkable suburb. The internal space is generous for the typology, aligning with mid-sized offerings, and its position within a small strata complex offers a balance of community and privacy. The primary decision mechanism is the flood overlay, a tangible risk that impacts insurance costs and future capital growth, offset by the suburb’s high demand and rental yield potential. The 2021 last sale suggests held equity, but the current offer-based listing requires a precise, unemotional valuation to avoid overpayment. This property suits a buyer prioritizing architectural character and location over land ownership, best held as a long-term residence with a view to incremental renovation. Our Propcred report validates this position with precise comparable sales, strata health checks, and locality risk modelling including flood impact assessments.