Sold

38 Olympia Street,
Marsden 4132, Queensland

6 bedrooms
2 bathrooms
4 car spaces
1,015m² land size
322m² building size
House

$924,000


Property details

2 HOMES ON 1 TITLE, DUAL INCOME - PRIME INVESTMENT!

Discover the perfect investment with two homes on one title, offering endless potential and positive cash flow. Currently tenanted for a combined $890 per week providing immediate positive cash flow & the opportunity to further increase this yield. Latest rental appraisal combined is $1020 per week.

No Body Corporate: Enjoy the benefits of one set of rates with no additional fees & potential to further split the titles into two. Both Properties have their own separate electricity and water meters also.

Home 1 (38): A charming 3-bedroom, 1-bathroom highset home at the front offering air con, raked ceilings in the living room, modern kitchen and a spacious fully fenced backyard. Downstairs boasts a storage room, 2 car garage downstairs along with carport on the right hand side! 38 Olympia: Tenanted until August 2024 $470 PW.

Home 2 (38A): A beautifully renovated lowset 3-bedroom all with built ins, 1-bathroom home at the rear with its own carport and driveway access, large patio overlooking the expansive backyard and modern finishes throughout. The home offers ceiling fans, air con, modern tiles, fresh carpets to the bedrooms, large modern kitchen and euro style laundry within the bathroom. 38a Olympia: Tenanted until October 2024. $420 PW.

With build costs rising & subdivision applications chewing up time, secure this ready to go dual income property today. Situated in a high growth area, located just minutes from everything!

LOCATION HIGHLIGHTS:
800m walk to Brandon Park, Marsden
2km to Home & Co Shopping Centre, Marsden
2.2km drive to Marsden State School
3.5km drive to Marsden State High School
5.7km to Logan Motorway, Kingston
8.3km drive to Grand Plaza
32km to Brisbane CBD

Contact the Rebecca Cuderman Team today for more information and to arrange a viewing.

Explore the area


School catchments

  • Groves Christian College Combined Prep-12 Independent 1.1km
  • Groves Christian College - Upper Primary Campus Combined Independent 1.3km
  • Kingston State School Primary Prep-6 Government 1.3km
  • St John of Kronstadt Academy Primary Independent 1.5km
  • Marsden State School Primary Prep-6 Government 1.6km

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.


Back to top