34 / 74 Greensill Street, Albany Creek QLD 4035

Anticipated for completion in the fourth quarter of 2026, this sophisticated townhouse forms part of an exclusive collection of 34 architecturally designed residences in the sought-after Albany Creek locale. The development presents an excellent blend of modern styling, convenience, and investment appeal, making it highly suitable for discerning investors and professional tenants alike.

A unique selling point for investors is the opportunity to benefit from a long-term Defence Housing Australia (DHA) lease, securing guaranteed rental income for up to 12 years with an option to extend for an additional 3 years from the handover date. The guaranteed rent is set at the higher of $930 per week or a valuation-based market rent determined close to the lease start, offering a stable, income-producing asset within a low-maintenance housing product.

Residents enjoy lifestyle-enhancing amenities rarely found in townhouse complexes including a private residents-only swimming pool, a dedicated BBQ area for entertaining, and expansive open green spaces, fostering a strong sense of community and space within the development.

Albany Creek continues to be a highly sought suburb due to its strong appeal among families, professionals, and quality tenants, underpinned by its close proximity to Brisbane CBD, reputable schools, expansive parklands, shopping centres, and excellent transport connection. Rental returns are projected at an attractive 4.5% gross yield, supported by sustained population growth and demand for quality, low maintenance housing in Brisbane’s northern corridor.

Further enhancing the investment premise are the expected benefits of depreciation, reduced maintenance costs associated with a brand-new build, and the simplicity of a single-contract purchase structure, which is especially attractive for self-managed super fund (SMSF) buyers seeking streamlined acquisition and long-term wealth creation possibilities.

Key property details include a private oversized alfresco and courtyard, open plan living and dining, a walk-in pantry, a double-sided kitchen with breakfast bar, separate laundry and powder room, a spacious two-car garage with ample storage, a second living area, and an expansive master suite boasting a large walk-in robe and an ensuite with double basins. All bedrooms and living areas are fitted with ceiling fans, complemented by 2570mm ceiling heights throughout, ensuring comfort and style.

Body corporate fees are set at $4,517.56 per annum, with the added reassurance of DHA’s comprehensive property care and maintenance package for secure, stress-free ownership. The suburb’s forthcoming infrastructure investments, including enhancements linked to Brisbane’s 2032 Olympic and Paralympic Games, stand to support long-term capital growth and sustained buyer interest.