1 Bligh Street
Kirwan, QLD 4817

Overview

Triple-Income Powerhouse - $1,300/Week Gross Return on a Single Title!

If you are looking to enhance your investment portfolio, this exceptional property in Kirwan stands out as a prime opportunity. Positioned on a spacious corner block, this unique single-title residence offers a hassle-free investment with established quality tenants and a robust income stream from the outset.

The property is highly adaptable, comprising a genuine two-level home with fully independent living spaces on both the upper and lower levels, complemented by a separate, modern granny flat. This setup is ideal for investors seeking high rental yields or families requiring multi-generational accommodation.

The current rental income totals $1,300 per week, distributed among three leased units: the downstairs unit (1A) leased at $420 per week until October 2026, the upstairs unit (1B) leased at $400 per week until June 2026, and the freestanding granny flat (1C) leased at $480 per week until March 2027. The property also incurs six-month council rates of $3,036.40, with Form 2 documentation expected shortly.

The ground level (1A) features a contemporary open-plan design with a well-appointed kitchen and a spacious living area. The interior is finished with neutral tones, durable vinyl flooring, and electric appliances. This level includes two generously sized bedrooms and a modern walk-in shower, with split-system air conditioning throughout to ensure comfort in all seasons.

The upper level (1B) benefits from abundant natural light and ventilation, showcasing polished timber floors and a large island bench in the kitchen. The open-plan layout is perfect for entertaining. All three bedrooms are equipped with ceiling fans, built-in wardrobes, and plush carpeting. The bathroom is modern and sleek, with a separate toilet for added convenience. Both the upper and lower units share a large yard and a communal laundry area.

The freestanding granny flat (1C) is a standout feature, offering privacy and modern amenities. It includes an automated gate and a double carport. Inside, the space is bright and fresh, with a mix of tiled and carpeted flooring. The two king-sized bedrooms are spacious, and the large bathroom incorporates the laundry facilities. Additionally, there is a dedicated office space, making it an excellent option for remote work.

This property represents outstanding value in a rapidly growing suburb and is ready for a new owner to capitalize on its potential. For further details or to arrange an inspection or video tour, please inquire today.

Location