9 Sandown Close
Woree, QLD 4868

Overview

Multi-Income Opportunity - Full Complex on One Title

This exceptional property presents a rare and highly attractive investment opportunity, comprising a full complex of four ground floor units on a single title. It is an ideal set-and-forget asset for investors seeking strong returns, minimal outgoings, and long-term growth potential.

Each unit is thoughtfully designed for practical, low-maintenance living. They feature two well-sized bedrooms and one bathroom, complemented by a functional open plan layout that seamlessly connects the living and dining areas. The central kitchens are designed for efficiency and convenience, enhancing the overall living experience.

Each unit also benefits from its own dedicated laundry facilities, which increase tenant appeal and everyday functionality. Additionally, a single undercover carport is allocated to each unit, ensuring convenient parking for residents.

Several units have undergone upgrades, including new carpets, fresh internal paint, and updated vinyl flooring in the living areas. These improvements offer a modernized feel while reducing immediate capital expenditure for incoming investors.

One of the key advantages of this property is the absence of body corporate fees, allowing investors to maximize their net return while maintaining full control over the asset.

Property Highlights:

• Full complex of four ground floor units on one title
• Each unit comprises 2 bedrooms, 1 bathroom, open plan living and dining
• Well-positioned kitchens designed for functionality and ease of use
• Individual laundry facilities for each unit
• Select upgrades completed including new carpets, fresh paint, and vinyl flooring
• Single undercover carport allocated to each unit
• No body corporate fees, reducing ongoing costs and increasing yield
• Low-maintenance construction, ideal for long-term holding
• Medium Density Residential zoning on a generous allotment, presenting outstanding potential for a multi-storey unit complex (subject to council approval)

Strong Income Profile:

• Unit 1: Currently vacant with rental appraisal between $460 and $500 per week
• Unit 2: Currently achieving $410 per week, with an increase to $460 per week expected in June
• Unit 3: Currently achieving $430 per week until July 2026
• Unit 4: Currently vacant with rental appraisal between $460 and $500 per week

This solid income stream, combined with anticipated future rental increases, positions the property as a high-performing investment with immediate and ongoing returns. Whether expanding a portfolio or securing a multi-income asset in a single acquisition, this complex offers scale, simplicity, and strong rental appeal in one strategic purchase.

Prospective investors are encouraged to conduct their own enquiries to verify all information and assess the suitability of this investment opportunity.

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