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Overview
This unique dual-income investment opportunity features two self-contained residences under one roof, positioned conveniently at 44 Helen Street in North Booval. Offering six bedrooms in total, split evenly across two separate homes, this property is designed to accommodate multiple households independently yet efficiently on a generous 800 square meter allotment.
Each residence boasts three spacious bedrooms equipped with built-in wardrobes, complementing well-planned living spaces including open-plan living and dining areas which seamlessly integrate with functional kitchens featuring electric cooking facilities. The bathrooms are thoughtfully designed with separate showers and bathtubs alongside individual toilets, enhancing privacy and convenience for occupants in both homes.
- Combined rental income yielding approximately $1,110 per week, equating to roughly $57,720 gross annually, providing a strong and reliable income stream for savvy investors.
- The property includes two single lock-up garages and dedicated garden sheds, ensuring secure parking and ample storage options for both residences.
- Split-system air conditioning and individual laundry facilities add comfort and practicality, while covered outdoor areas and fully fenced yards promote enjoyable outdoor living spaces with privacy and security.
Located just five minutes from Booval Fair Shopping Centre and the train station, this property offers excellent accessibility alongside close proximity to local schools, childcare centres, and the Ipswich CBD, making it well-suited for tenants seeking both convenience and a welcoming community environment. Retail and hardware outlets such as Bunnings at Bundamba are also within a 10-minute drive, while Brisbane CBD is accessible in approximately 40 minutes via the Ipswich Motorway.
Investors seeking a rare opportunity combining stable dual rental incomes with solid future potential will find this property an attractive proposition within a sought-after Queensland locale.
Local Market Insights
In North Booval, Quiet Listings observed 20 new houses entering the market over the last 30 days, down from 27 during the previous 30-day period, with an average advertised asking price of $772,650. The property type mix of listed properties is predominantly Houses at 78%, followed by townhouses (15%), and land (4%). The most active agency for houses in the North Booval area is currently Ray White, representing 20% of new listings, followed by NGU Real Estate with 15%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
Market Insights for North Booval QLD 4304
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