SOLD WITH THE CLARE ROBINS TEAM!

Occupying a prime position just 300 metres from the waterfront, 42-44 Balmoral Place presents an exceptional opportunity for the savvy buyer seeking strong cash flow, renovation upside, and future development potential.

Set on a generous 810m² across two titles, this complex comprises four self-contained units, including two spacious 2 bedrooms on the ground floor with an additional utility space and two 2-bedroom units upstairs. Each features open plan living and its own bathroom, providing comfortable, low-maintenance accommodation suited to the area's strong rental demand.

Positioned in a central, walk-to-everything location, the property is ready to generate immediate income-while also offering excellent scope for value-adding improvements.

With solid bones and a proven rental history, this is an ideal project for investors or renovators looking to unlock further value. Cosmetic upgrades, internal modernisation, and exterior enhancements could significantly increase rental returns and overall asset value. Earlier reports note areas such as paintwork, external finishes, and minor structural items that present clear opportunities to improve and capitalise.

Key features:
- 810m2 block across 2 titles
- 2 x 2 bedroom units (ground level) with 1 utility/storage room in each ground level unit
- 2 x 2 bedroom units (upstairs)
- 1 bathroom per unit (4 total)
- Open plan living across all units
- Fully fenced, low maintenance yard
- 8 off-street parking spaces
- Strong rental return and future development potential (STCA)

Location & Distances: Approximately
- Deception Bay waterfront and foreshore: 300m
- Local shopping centres and daily amenities: 5-minute drive
- Rothwell train station: 7-minute drive
- Redcliffe peninsula beaches and dining: 15-minute drive
- Brisbane airport: 25-30 minute drive (Approx. 33-35km)
- Brisbane CBD: 35-45 minute drive (traffic dependent)
- Easy access to the Bruce Highway for north and southbound travel

A standout opportunity for investors, developers or those seeking a high-performing asset in a tightly held coastal pocket. Secure your future in one of Deception Bay's most convenient locations.

This property is being sold without a price, and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Explore the area

School catchments

Deception Bay State School Primary Prep-6 Government 0.37km
Christ the King Catholic Primary School Primary Prep-6 Catholic 1.2km
Deception Bay State High School Secondary 7-12 Government 1.4km
Deception Bay North State School Primary Prep-6 Government 1.4km
Moreton Downs State School Primary Prep-6 Government 1.8km
Bounty Boulevard State School Primary Prep-6 Government 3.8km
Mueller College Combined Prep-12 Independent 4.2km
Grace Lutheran College Secondary 7-12 Independent 4.4km
St Benedict's Primary School Primary Prep-6 Catholic 5.1km
The Lakes College Combined Prep-12 Independent 5.1km
Southern Cross Catholic College - Kippa-Ring Campus Primary Catholic 5.3km
Burpengary State Secondary College Secondary 7-12 Government 5.4km
North Lakes State College Combined Prep-12 Government 5.6km
Northpine Christian College Combined Prep-12 Independent 5.7km
Mango Hill State School Primary Prep-6 Government 6.2km
Hercules Road State School Primary Prep-6 Government 6.2km
Mango Hill State Secondary College Secondary 7-12 Government 6.3km
St Benedict's College Secondary 7-12 Catholic 6.3km
Beachmere State School Primary Prep-6 Government 6.5km
Dakabin State High School Secondary 7-12 Government 6.6km
Narangba State School Primary Prep-6 Government 6.9km
The Younity School Secondary 7-9 Independent 7.0km
St Eugene College Combined Prep-12 Catholic 7.3km
Queensland Pathways State College - Moreton Bay Campus Secondary Government 8.0km
Birali Steiner School Combined Prep-10 Independent 8.0km
Murrumba State Secondary College Secondary 7-12 Government 8.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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.