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Overview
Investment Opportunity with Long-Term Tenant on a Flat 634m² Block
Positioned in a convenient pocket of Crestmead, this solid brick and tile home offers an excellent investment opportunity for those seeking immediate rental income with potential for future growth. The property is situated on a flat 634 square meter block, providing ample outdoor space and ease of maintenance.
Currently leased to a long-term tenant paying $500 per week until 1st February 2027, with the last rent increase completed on 26th January 2026, this home ensures steady rental returns. Rental appraisals estimate a potential increase to approximately $620 to $640 per week, highlighting the property's strong income potential.
The residence features four well-sized bedrooms, accommodating families or tenants comfortably. A functional two-way bathroom enhances convenience and usability, while bay windows add character and natural light to the living spaces. The practical floorplan supports comfortable living and easy flow throughout the home.
Constructed with low-maintenance brick and tile materials, the home offers durability and investment confidence. The generous block size allows for outdoor activities, gardening, or future enhancements, making it an attractive option for investors and residents alike.
Convenience is a key advantage of this location, with local shops and everyday essentials within walking distance. Nearby amenities include a seafood takeaway, private school, Friendly Grocer, chemist, hairdresser, pizza shop, hotel, and garage, catering to a variety of lifestyle needs.
Families will benefit from the property's inclusion within the catchment zones for reputable schools, including Crestmead State School approximately 634 meters away and Marsden State High School about 2.6 kilometers distant, ensuring access to quality education.
Key property features include:
- Four bedrooms providing ample accommodation
- One two-way bathroom designed for functionality
- One car lockable accommodation space
- Flat 634 square meter block offering outdoor space
- Solid brick and tile construction for durability
- Bay windows enhancing natural light and aesthetic appeal
- Long-term tenant secured until February 2027
- Current rental return of $500 per week with potential for increase
- Close proximity to local shops and conveniences
- Ideal addition to any investment portfolio
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Crestmead QLD 4132
Market Insights for Crestmead QLD 4132
Other properties in this postcode
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