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Overview
Situated in the peaceful town of Murgon, this traditional home offers a rare blend of comfortable living and income potential. Built in 1940, the property has been configured as a multi-unit dwelling, providing two separate rental apartments above and a private owner's residence on the ground floor. This layout suits investors or homeowners seeking to offset mortgage costs through rental income.
The upper level comprises two self-contained apartments, each with their own kitchens and living spaces, ideal for accommodating tenants with privacy and convenience. These units have historically served government employees, suggesting reliability in tenant quality and maintenance. The downstairs residence features a spacious single bedroom, a dedicated office space, a full kitchen, and a sunny northern deck, ensuring a bright and functional home environment.
Beyond living quarters, the property includes private gardens and three car accommodation spaces, enhancing its appeal for families or those with multiple vehicles. There's potential for owners seeking a large family home to renovate and restore the property to its original charm, uniting the benefit of generous living space with well-maintained accommodation units.
This property uniquely balances lifestyle and investment, suited for those looking to earn rental income while living on-site, or for purchasers wanting a sizable residence with flexibility. Access to inspections requires advance notice, reflecting the current tenants' occupancy and the thoughtful management of the home.
Local Market Insights
In Murgon, Quiet Listings observed 4 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $678,500. The property type mix of listed properties is predominantly Houses at 57%, followed by land (43%). Across Country Real Estate & Mortgage Brokering was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. 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
Murgon QLD 4605
Market Insights for Murgon QLD 4605
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