Sold

42 Seagrass Street,
Deception Bay 4508, Queensland

4 bedrooms
3 bathrooms
2 car spaces
293m² land size
176m² building size
Other

$830,000


Property details

Modern Co-Living Investment Opportunity - $44k Return | 5.7% Gross Yield

Just 2 years old, this modern, light-filled co-living home offers a rare opportunity to secure a high-performing investment in Brisbane's Northside. Purpose-built for co-living, it combines contemporary design with proven income - delivering $44,000 in rental returns over the past 12 months.

Co-Living Advantages
• ~5.7% gross yield based on $780,000 sale price
• Each of the 3 bedrooms features a private ensuite and lockable door with a fourth bedroom used as a media room
• Multiple income streams across three leases - boosting returns and minimising risk
• Includes a $20,000 furniture package, fully set up for tenants
• Co-Living provides greater levels of depreciation

Property Features
• 3 ensuite bedrooms designed for co-living with an extra fourth bedroom
• Modern build, only 2 years old
• High ceilings and large windows create a bright, airy atmosphere
• Wide 10.8m street frontage on a 293sqm block
• Double garage plus additional off-street parking
• Contemporary kitchen with stone benchtops, stainless steel appliances and ample storage
• Full Solar Panels / NBN Connected
• Low-maintenance interiors with air-conditioning and ceiling fans
• Outdoor entertaining area and fenced yard for communal living

Location Highlights
• Minutes to Deception Bay waterfront, parks and walkways
• North Lakes shopping, dining and lifestyle precinct just 10 minutes away
• Easy Bruce Highway access to Brisbane CBD and Sunshine Coast
• Close to schools, public transport and major employment hubs

With a proven $44,000 annual income, near-new build quality and a ready-to-go furniture package, this home represents one of the most compelling set-and-forget co-living investments on the market today.

Contact Kellie Hobbs today to arrange your inspection.

**Disclaimer:** Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Explore the area


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top