86/28 Ancona Street, Carrara QLD 4211

Ground-level townhouse | 1997 build fully renovated | 3 beds with private outdoor area | Strong rental yield post-reno | No flood or bushfire overlays This townhouse presents a competitively strong offering for an investor or owner-occupier seeking a low-maintenance entry into the Gold Coast. Its recent full renovation modernizes an otherwise older build, directly addressing a key depreciation risk, while the absence of environmental overlays provides a clear risk advantage over many properties in the region. The configuration of three bedrooms with dual car parking aligns perfectly with sustained rental demand from small families or professionals, evidenced by the significant rental uplift achieved post-renovation. The primary decision point is balancing the renovation premium against the building’s inherent age, as future capital expenditure on non-renovated elements remains a latent cost. However, the current yield projections are commercially sound, supporting a hold strategy for rental income with the option to occupy. A Propcred report would validate the renovation’s market valuation, detail body corporate health, and confirm locality risks to secure appropriate insurance for this complex.