Two Tenancies, One Title, Strong Rental Returns

Alyssa Meltzinits of Ray White One Group is proud to present this immaculately maintained five bedroom, three bathroom dual key property to the market.

Positioned on a 421sqm allotment, this well-presented property offers an outstanding opportunity for investors seeking a low-maintenance addition to their portfolio with an immediate income stream.

Comprising two separately tenanted residences, the property offers a combined five bedrooms, three bathrooms and accommodation for two vehicles. With both dwellings currently tenanted and generating a combined rental return of $1,070 per week, this is an attractive investment opportunity offering immediate returns from day one.

Each residence has been thoughtfully designed to maximise space, comfort and privacy, offering practical and functional layouts that cater to modern living. Complete with contemporary finishes, private outdoor entertaining areas and secure parking, both dwellings provide an appealing lifestyle for tenants while offering investors a low-maintenance property with strong rental appeal.

The first unit is currently leased at $570 per week, The property offers three generously proportioned bedrooms, including a master suite complete with its own ensuite. All bedrooms feature built-in wardrobes and ceiling fans, while a central bathroom and secure single garage provide additional convenience. The modern, well-appointed kitchen offers quality finishes, ample storage and seamlessly connects to the air-conditioned living and dining area. A private entrance and low-maintenance courtyard further enhance the appeal, offering residents a sense of privacy and a practical outdoor space to enjoy.

The second residence is currently leased at $500 per week, offering a comfortable and low-maintenance living environment. The property comprises two generously proportioned bedrooms, both complete with built-in wardrobes and ceiling fans. A centrally located bathroom services both bedrooms, while a secure single garage provides convenient car accommodation. A private entrance and enclosed courtyard further enhance the appeal, offering residents a sense of privacy, separation and an easy-care outdoor space to enjoy.

In summary, this phenomenal investment opportunity comprises of:

• Current combined rental income of $1,070 per week
• Low-maintenance 421sqm allotment
• Combined five bedrooms, three bathrooms and two secure car accommodation spaces
• Both residences securely tenanted, providing immediate rental income
• Modern, well-appointed kitchens with quality appliances
• Generous storage throughout, including built-in wardrobes to all bedrooms
• Air-conditioned living areas
• Private, fully fenced courtyards for both residences
• Separate entrances providing privacy and independence
• Secure garage parking for each residence
• Fully fenced

Offering the ideal combination of strong rental returns, modern living and minimal ongoing maintenance, this dual-income investment presents an outstanding opportunity for investors looking to strengthen their property portfolio.

With both residences already tenanted and a scheduled rental increase providing further income growth, this is an opportunity to secure an established investment with immediate returns and long-term appeal.

Disclaimer: In preparing this advertisement, we have taken care to ensure the information provided is accurate and reliable; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements. Interested parties should conduct their own enquiries to verify the information contained herein.

Inspections

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School catchments

Australian International Islamic College - Logan Reserve Campus Combined Independent 1.3km
Logan Reserve State School Primary Prep-6 Government 1.7km
Corymbia State School Primary Prep-6 Government 1.9km
Crestmead State School Primary Prep-6 Government 2.1km
Marsden State School Primary Prep-6 Government 2.1km
Marsden State High School Secondary 7-12 Government 2.2km
St Francis College Combined Prep-12 Catholic 2.4km
St Philomena School Combined Prep-12 Independent 2.6km
Waterford West State School Primary Prep-6 Government 3.2km
Burrowes State School Primary Prep-6 Government 3.3km
Arethusa College - Berrinba Campus Secondary Independent 4.2km
Waterford State School Primary Prep-6 Government 4.3km
Kingston State College Secondary 7-12 Government 4.4km
Kingston Centre for Continuing Secondary Education Secondary Government 4.4km
Canterbury College Combined Prep-12 Independent 4.5km
Groves Christian College - Upper Primary Campus Combined Independent 4.8km
Groves Christian College Combined Prep-12 Independent 4.8km
St John of Kronstadt Academy Primary Independent 4.9km
Kingston State School Primary Prep-6 Government 4.9km
Loganlea State High School Secondary 7-12 Government 5.1km
Browns Plains State High School Secondary 7-12 Government 6.0km
Ohana College Secondary 7-12 Independent 6.5km
Parklands Christian College Combined Prep-12 Independent 6.7km
Woodridge State High School Secondary 7-12 Government 6.7km

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.

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