9 Orange Street Runcorn QLD 4113

Dual living ready | fully renovated Queenslander | granny flat separate access | bushfire overlay noted The property’s configuration is its primary competitive advantage. A fully renovated six-bedroom main residence with separate upper and lower entries, combined with a brand-new granny flat on its own title-ready access, creates genuine dual-income or multi-generational capacity without compromising privacy. The 835m² lot and 303m² building footprint allow separation between tenancies, and the current tenancy at $610/week through mid-2026 provides immediate holding income. This suits an investor seeking yield with future capital growth, or a buyer wanting to occupy one level while renting the other. The polished timber floors, stone benchtops, and three living areas lift it above standard renovation stock, and the Runcorn High School catchment adds family appeal. The bushfire overlay is the single material risk—it may affect insurance premiums and lender appetite, and buyers should confirm whether any vegetation management conditions apply. The property sits on a 54m elevation with no flood overlay, so the overlay is likely moderate, but it must be factored into due diligence. The dual driveway and five open car spaces are functional but not covered, which matters in a subtropical climate. The recent purchase at $1,042,000 in mid-2024, followed by a full renovation and new granny flat, suggests the current price reflects added value rather than pure market movement. For a buyer, this is a hold-and-rent proposition: let the dual-income structure cover holding costs, and reassess after the bushfire overlay is formally assessed in a building and pest report.