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Overview
This property presents a compelling investment opportunity, featuring two well-maintained residential units on a 427 square meter land parcel located in the peaceful suburb of Waterford West. The dual-income potential is enhanced by currently tenanted units, each offering comfortable living spaces and modern conveniences supported by air-conditioning and security features.
- Unit 1 emphasizes practical comfort with a separate lounge, an eat-in kitchen complemented by dining space, two bedrooms equipped with built-in robes and ceiling fans, a main bathroom, and a single lock-up garage, reflecting efficient use of space suitable for small families or couples.
- Unit 2 provides a larger open-plan living and dining area with air-conditioning, a kitchen featuring electric cooking appliances, a dishwasher, and a large island bench with breakfast bar, ideal for casual dining and entertaining. The master bedroom includes an ensuite and double robes, complemented by two additional bedrooms and a main bathroom with a bathtub and separate toilet. This unit’s single lock-up garage adds convenience.
- The outdoor spaces of both units incorporate alfresco areas and a fully fenced yard, enhancing privacy and the ability to enjoy outdoor living. Security screens and doors throughout the property reinforce safety for residents.
Strategically situated, this property offers access to essential amenities and transport, with proximity to a bus stop, Waterford Central Shopping Centre, Canterbury College, major motorways, and convenient commuting distance to Brisbane City and the Gold Coast.
Ideal for investors seeking a long-term hold with strong yield, the property’s one set of council rates and absence of body corporate fees add to its financial appeal. The quiet location and good tenant quality further support a low-maintenance investment strategy.
Local Market Insights
In Waterford West, Quiet Listings observed 20 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,101,750. The property type mix of listed properties is predominantly Houses at 88%, followed by townhouses (8%), and home for sales (4%). The most active agency for houses in the Waterford West area is currently Ray White, representing 25% of new listings, followed by Elders Real Estate with 25%. 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 Waterford West QLD 4128
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