Investors Dream Returning $1,570 Per Week in Prime Wavell Heights Location

This exceptional property presents a rare opportunity for savvy investors seeking a high-income producing asset in one of Brisbane's most desirable growth suburbs - Wavell Heights.

Positioned on a generous 693m² block, this low-maintenance lowset brick home has been purposefully designed for rooming accommodation and currently returns an impressive $1,570 per week with five tenants on fixed-term leases.

Inside, the home offers five spacious bedrooms, each with its own bathroom, ensuring privacy and convenience for every tenant. The shared living zones are light-filled and inviting, featuring an open plan lounge and dining area alongside a modern, functional kitchen - the perfect communal hub. With three-car accommodation, the property is as practical as it is profitable.

While the existing floorplan is ideally suited to investors seeking maximum returns, there is also scope to reconfigure the home into a more traditional family residence in the future, adding further long-term value.

Located in a tightly held pocket of Wavell Heights, this property is underpinned by strong capital growth, outstanding rental demand, and proximity to schools, shopping, transport, and lifestyle amenities.

• 5 bedrooms, 5 bathrooms, 3 car spaces
• Currently achieving $1,570 per week rental return
• Generous 693m² block
• Low-maintenance brick construction
• Prime growth suburb - Wavell Heights

This is an investment opportunity that combines high immediate rental yields with exceptional future growth potential.

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School catchments

Our Lady of the Angels' School Primary Prep-6 Catholic 0.62km
Wavell State High School Secondary 7-12 Government 0.97km
Wavell Heights State School Primary Prep-6 Government 0.98km
Nundah State School Primary Prep-6 Government 1.5km
St Joseph's School Primary Prep-6 Catholic 1.5km
Mary MacKillop College Secondary 7-12 Catholic 1.6km
Kedron State School Primary Prep-6 Government 1.8km
Virginia State School Primary Prep-6 Government 1.9km
Geebung State School Primary Prep-6 Government 2.2km
St Kevin's School Primary Prep-6 Catholic 2.3km
Mount Alvernia College Secondary 7-12 Catholic 2.3km
Northgate State School Primary Prep-6 Government 2.4km
Kedron State High School Secondary 7-12 Government 2.5km
St Anthony's School Primary Prep-6 Catholic 2.5km
Padua College Combined 5-12 Catholic 2.6km
Eagle Junction State School Primary Prep-6 Government 2.7km
Wooloowin State School Primary Prep-6 Government 2.7km
Aviation High Secondary 7-12 Government 2.8km
Somerset Hills State School Primary Prep-6 Government 2.8km
Clayfield College Combined Prep-12 Independent 2.9km
Craigslea State High School Secondary 7-12 Government 3.3km
St Rita's College Combined 5-12 Catholic 3.6km
Earnshaw State College Combined Prep-12 Government 3.8km
St Margaret's Anglican Girls School Combined Prep-12 Independent 4.1km
St Joseph's Nudgee College Combined 5-12 Catholic 4.2km
Jabiru Community College Secondary 10-12 Independent 4.5km
Aspley State High School Secondary 7-12 Government 4.7km
Mastery Schools Australia - Taigum Secondary Temporary Facility Secondary Independent 4.8km

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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