44 Paterson Road
Walloon, QLD 4306

Overview

44 Paterson Road, Walloon QLD 4306

This immaculately presented dual key residence offers an ideal solution for two generations of a family seeking to live together while maintaining privacy. The property allows for shared mortgage payments, making it an affordable option for two families. One side of the residence features three bedrooms and two bathrooms, while the other side includes one bedroom and one bathroom. Essentially, it is two homes combined under a single title, resulting in only one lot of rates to be shared by the family unit.

For those looking to downsize from a larger family home, this property provides the opportunity to live in one side and rent out the other, generating additional income. This arrangement not only offers financial security but also ensures the home remains occupied and secure during extended absences.

The property comprises a total of four bedrooms, three of which have built-in robes and one with a walk-in robe, along with three bathrooms. It features two designer kitchens, with the main kitchen equipped with a dishwasher. There are two separate remote-controlled garages and private, fully fenced yards, providing secure spaces for children to play or pets to roam freely.

Constructed with low maintenance in mind, the home boasts brick construction, colorbond roofing, security screens throughout, and tiled halls and living areas. Comfort is ensured year-round with four split system reverse cycle air conditioning units.

This dual key property is ready to move into without the hassle of design and construction. Buyers can choose to occupy the home after the current tenancies end or purchase it as an investment with tenants currently paying rent. Unit 1 is leased at $500 per week until November 17, 2026, and Unit 2 at $100 per week until September 30, 2026. Both units benefit from solar power, reducing ongoing electricity costs.

Investors will appreciate the updated rental appraisal indicating a combined rental return of $900 per week, with Unit 1 valued at $520 per week and Unit 2 at $380 per week. Council rates are approximately $624 per quarter, and water charges are around $578 per quarter plus consumption, subject to change.

Located in the master-planned Dawn Estate community, developed by award-winning ID Land, the area is designed with families in mind. Residents enjoy over 2.4 kilometers of walking and cycling paths, parks, a dog park, basketball court, skatepark, and the Dawn Village Hub offering childcare and dining options. Walloon State School is within walking distance, with West Moreton Anglican College and Ipswich Grammar School accessible within minutes by car, providing excellent schooling options.

Commuters benefit from proximity to Walloon Train Station, offering quick access to Ipswich and Brisbane CBD, making daily travel manageable without sacrificing suburban tranquility.

This property offers numerous extras and represents a unique opportunity for two families or savvy investors. Priced realistically to sell quickly, it is an exceptional dual key family residence.

Location