17 Calhoun Street
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About this property
Set on a rare 1004m� block in a tightly held pocket of McDowall, this unique off-market opportunity presents an outstanding combination of renovated family living, dual occupancy flexibility, and a council-approved commercial-grade shed that is truly a "man cave" dream. Positioned in one of Brisbane's most popular family suburbs, this address offers exceptional convenience - just minutes to local parks, walking tracks, quality schools, McDowall Village Shopping Centre, and easy access to public transport and major arterial roads for a smooth commute to the CBD. The property is cleverly designed with two completely separate driveways, providing excellent separation between the front residence and the rear shed conversion, making it ideal for multi-generational living, home business operators, or investors seeking strong dual income potential. The main residence has been newly renovated and thoughtfully reconfigured from the original 3-bedroom layout into a spacious 2-bedroom, 1-bathroom home, featuring a custom-made modern kitchen, new floor tiles, new carpet, and an updated bathroom, plus an undercover carport. At the rear, the standout feature is the impressive commercial-grade shed (council approved, along with the carports), offering an incredibly versatile setup including a one-bedroom loft on the upper level, kitchen and living area downstairs, and a bathroom and laundry on the ground level. Adding even more value is a separate professionally fitted office with power, internet and a practical working layout, plus huge storage upstairs, two secured garages, and an additional carport on the side. Currently rented privately to a family friend, the rear shed provides a rental estimate of approximately $400�$450 per week, while the front home is estimated to rent for $600�$650 per week, making this an attractive option for investors looking to maximise returns. With the added benefit of a large 1004m� landholding, the property also offers potential future subdivision into two lots (STCA), providing further upside for buyers who can see the long-term value. Whether you're looking for a rare dual living arrangement, the ultimate shed/workshop setup, or a high-performing investment in a blue-chip family suburb, 17 Calhoun Street is a one-of-a-kind opportunity that delivers lifestyle, flexibility and future potential in equal measure. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. ID:21175564
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 1004 m²
- Listed
- 1 month ago
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Neighbourhood
Living in McDowall
This 3-bedroom house in McDowall, QLD 4053 sits within reach of public transport, local shops and nearby schools. It is listed 0% above the $1.40m median of 70 comparable houseswithin 5 km.
Schools near McDowall
- McDowall State Schoolprimary · Prep-6 · CoEd
What's nearby
- Hamilton Rd at Trouts Rd, stop 46 (bus) — 362 m away
- Drakes — 560 m away
- Unnamed — 589 m away
- Bisset Place Park — 637 m away
- Hamilton Road Quarry Park — 774 m away
McDowall at a glance
Full suburb profile- Population
- 7,612
- Median age
- 38
- Household income
- $2,486/wk
- Median rent
- $470/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
McDowall price trend
Median sold · House 3 bed
Compound growth +9.7% / yr over 4 yrs
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Full McDowall marketThis listing
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Listing price changes
1 price change recorded for this property
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