4/23 Akuna Way
Mango Hill, QLD 4509

Overview

A Rare Boutique Investment Opportunity - Acquire One, Several, or the Entire Complex

This rare boutique townhouse complex offers a unique investment opportunity, allowing buyers to acquire one, several, or the entire complex. Positioned for both immediate rental return and long-term capital growth, this well-maintained development is approximately 10 years old and provides flexibility for investors and strategic buyers.

The complex consists of multiple residences, all currently tenanted, ensuring a strong and consistent income stream from the outset. The staggered lease renewal dates provide income stability and the potential to increase rental returns progressively over time.

Investment highlights include a fully leased complex with established tenancies, diverse lease expiry profiles for income security and future growth, modern construction from 2016 with low maintenance requirements, boutique scale offering exclusivity and strong tenant appeal, and the flexibility to purchase individually, in part, or as a complete holding. The total complex generates an annual rental income of $165,360.

Located in the heart of Mango Hill, these spacious and well-designed 3-bedroom townhouses provide an excellent opportunity for low-maintenance living in a convenient location. The homes feature generous indoor and outdoor spaces, a functional layout, and abundant natural light, designed to offer comfort and practicality for everyday living.

The open-plan living and dining area flows seamlessly from the modern kitchen, creating a welcoming space for relaxation or entertaining. Kitchens are well-appointed with an island breakfast bar, stainless steel appliances including electric cooktop, oven, and rangehood, ample storage, and a large fridge space. Sliding doors open to a private courtyard and covered patio, ideal for outdoor entertaining.

Upstairs, the master bedroom serves as a private retreat with air-conditioning, ceiling fan, and double built-in robes. The ensuite includes a shower and vanity. The second and third bedrooms both feature ceiling fans and built-in robes. The main bathroom offers a separate bath and shower, along with a separate toilet for convenience.

Additional features include a variety of single or double garages with internal access, a long driveway allowing space for an additional car, internal laundry, downstairs toilet, and security screens for peace of mind. The property is close to local schools, shops, parks, transport, and all amenities Mango Hill has to offer, delivering easy, low-maintenance living in a sought-after location.

Property Features:

• Downstairs: Open-plan living and dining area with air-conditioning
• Modern kitchen with island breakfast bar
• Stainless steel electric cooktop, oven, and rangehood
• Separate toilet downstairs
• Internal laundry
• Covered outdoor patio overlooking large private courtyard
• Security screens on front door and rear sliding doors

• Upstairs: Master bedroom with air-conditioning, ceiling fan, double built-in robes, ensuite, and sliding door to private balcony (unit 1 only)
• Second and third bedrooms with built-in robes and ceiling fans
• Main bathroom with separate bath and shower

Additional Information:

• Year built approximately 2016
• Currently tenanted
• 6 townhouse complex
• Body corporate fees approximately $700 per quarter
• Council rates approximately $576.15 per quarter per unit
• Water rates approximately $355.59 per quarter per unit

Location Highlights:

• Within school catchment for North Lakes State College
• 1.5 km to St Benedict's College
• 400 m to Friendly Grocer, laundromat, and Chinese takeaway
• 200 m to LEAD Childcare and Mango Hill Village Daycare
• 1.7 km to Mango Hill Village Community Centre with events, playground, and tennis court
• 1.5 km walk to Mango Hill East Train Station
• 1.9 km walk to Capestone Lake, 2.5 km walking track, dog park, playgrounds, and Capestone Village with specialty stores
• 5.9 km to North Lakes Westfield Shopping Centre

This property is ideal for SMSF investors, syndicates, or commercial buyers seeking scale. Whether retained as a premium boutique complex or strategically divested over time, it offers a versatile asset with multiple exit strategies. Opportunities of this calibre, offering both scale and flexibility, are rarely available on the market.

Location