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5 & 6/17 Erneton Street
Newmarket, QLD 4051
Offers Over $749,000
Overview
5 & 6/17 Erneton Street, NewmarketOffers over QLD 4051
Located at Lot 3 (5 & 6)/17 Erneton Street, this unique dual key property presents an exceptional opportunity in one of Brisbane's most sought-after lifestyle areas. The offering comprises two fully self-contained apartments, Units 5 and 6, positioned side-by-side on a single title, providing convenience and flexibility for a variety of living or investment arrangements.
Each apartment is designed for easy, low-maintenance living with modern interiors and functional layouts that maximize space and comfort. Both residences include private outdoor areas, enhancing the living experience and appealing to a diverse tenant demographic including students, medical professionals, and city workers.
From an investment perspective, the property delivers immediate value with strong rental returns of $390 per week for Unit 5 and $360 per week for Unit 6, creating a solid combined income stream in a consistently high-demand location.
The property is ideally situated just 500 meters from Newmarket Village, offering residents effortless access to a variety of dining options, cafes, retail outlets, and Reading Cinemas. Additionally, nearby train stations provide seamless connectivity to Brisbane's CBD, major hospitals, and university precincts, making this location highly desirable.
This dual key configuration is perfect for investors looking to expand their portfolio with a dual-income asset or for those seeking future flexibility such as live-in/lease-out arrangements or short-term accommodation options. The property is positioned within a proven growth corridor, ensuring long-term potential.
Key features include:
- Two fully self-contained apartments on one title, offering a dual key setup
- Units 5 and 6 are side-by-side for ease of access and management
- Strong rental income with $390 per week for Unit 5 and $360 per week for Unit 6
- Private balconies for both apartments providing outdoor living space
- Air conditioning, security screens, and practical storage solutions throughout
- Covered car accommodation included
- Located in a high-demand area popular with students, professionals, and medical staff
- Easy access to major hospitals and university precincts
- Approximately 600 meters to Newmarket Village with dining, shopping, and cinemas
- Walking distance to rail and public transport with direct access to the CBD
This property represents a smart investment or lifestyle choice in a vibrant and growing community, combining convenience, flexibility, and strong rental returns.
Disclaimer: The information provided has been prepared with care to ensure accuracy; however, prospective purchasers should conduct their own inquiries to verify all details.
Location
Newmarket QLD 4051
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