51/20 Kianawah Road, Manly West QLD 4179

This contemporary townhouse in Manly West presents a compelling proposition for investors seeking both immediate rental income and promising capital growth. Nestled within a secure, well-maintained complex that offers resort-style amenities such as a pool and on-site management, the property promises low-maintenance living coupled with tenant appeal.

The residence features three well-appointed bedrooms, including a master suite that boasts a walk-in robe, an ensuite bathroom, and a private balcony—offering a touch of private retreat within the home. Open-plan living and dining spaces flow seamlessly with a modern kitchen equipped with ample bench space and cabinetry, facilitating everyday convenience and entertaining.

Additional comforts include ducted air conditioning throughout, an internal laundry, a powder room on the lower level, and a private alfresco courtyard which provides an inviting outdoor extension for relaxation or social gatherings. Parking is secured with a lock-up garage that offers extra storage, supplemented by visitor parking within the complex.

From an investment perspective, the property is currently leased until May 2027 at $680 per week, with rental estimates projecting an increase to around $790 weekly, reflecting a strong rental yield above 5%. The total built area is approximately 138 square meters, offering generous living space for tenants. The property benefits from proximity to key local conveniences, including Mayfair Shopping Village, Wondall Road Village, and Wynnum Plaza, alongside easy access to the Gateway Motorway, Manly Marina, reputable schools, parks, and public transport options.

Positioned in one of Brisbane's most desirable bayside growth corridors—evidenced by nearly 17% capital growth in the past year alone—this townhouse represents a substantial investment opportunity, balancing long-term capital appreciation with stable, strong cash flow.