84 Tibrogargan Drive
Narangba, QLD 4504

Overview

84 Tibrogargan Drive, Narangba

84 Tibrogargan Drive, Narangba offers a prime investment opportunity in a sought-after growth corridor, ideal for investors seeking immediate income and long-term security with minimal vacancy risk. This well-positioned property is set on a generous 610 square meter block, featuring a low-maintenance brick construction that ensures reduced ongoing costs and ease of upkeep.

The home benefits from a secure lease with reliable long-term tenants in place until January 2027, providing consistent cash flow from day one. Designed with tenant retention in mind, the residence offers a practical single-level layout that includes open-plan living and dining areas, a functional kitchen, and seamless access to a covered outdoor entertaining space. The fully fenced backyard enhances the appeal for families, one of the strongest tenant demographics in the area.

Investment highlights include a fortnightly rental income of $1,180, a lease secured until January 2027, and placement in a strong rental demand area with consistent occupancy rates. The property features four well-sized bedrooms, including a master bedroom with an ensuite, two bathrooms with a family bath, and a double lock-up garage. The open-plan living and dining areas flow effortlessly to the covered outdoor entertaining area, perfect for gatherings and relaxation.

Location advantages include proximity to key amenities and facilities: approximately three minutes to Narangba Valley State School, four minutes to Narangba Valley State High School, five minutes to Narangba Train Station with direct access to Brisbane CBD, and five minutes to local shops including Woolworths. The area also offers access to parks, walking tracks, and family-friendly facilities, making it an attractive location for tenants and future occupants alike.

With strong fundamentals, a secure lease, and a proven rental history, this property represents a low-risk, high-confidence addition to any investment portfolio. Opportunities offering this level of security and return are increasingly rare, making this an excellent chance to secure a quality asset in a proven location.

Disclaimer: Information provided should not be solely relied upon. Prospective buyers are encouraged to conduct their own enquiries and seek independent advice regarding the property and its details.

Location