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Overview
This property presents a rare dual-income investment opportunity in the sought-after suburb of Eli Waters. The versatile setup features a duplex comprising two self-contained residences, each designed for modern living with their own private garage, alfresco area, and low-maintenance yards. Such a configuration offers exceptional flexibility for investors looking to secure a stable rental income or homeowners who desire affordable living by occupying one unit and leasing the other.
The three-bedroom unit offers generous living spaces complemented by built-in robes throughout, an ensuite and walk-in robe in the main bedroom, air conditioning, and ceiling fans enhancing comfort. Its open-plan living and dining area flows seamlessly to a private alfresco, ideal for entertaining or relaxing outdoors. A single lock-up garage and side yard access add practical convenience.
The adjoining two-bedroom unit also caters for comfort with built-in robes, ceiling fans, air conditioning in the living area, and a private entrance. It similarly includes a single lock-up garage and alfresco area with low-maintenance yard space, making it a complete, comfortable home.
Both units are currently leased to long-term tenants, generating a combined rental income of $1,040 per week, presenting immediate returns for investors. This duplex offers a strong foundation for growing an investment portfolio, providing flexibility and security in a popular residential locale. The property suits investors seeking dual income streams or occupants eager to minimize living costs with rental support.
Local Market Insights
In Eli Waters, Quiet Listings observed 70 new houses entering the market over the last 30 days, down from 73 during the previous 30-day period, with an average advertised asking price of $960,614. The property type mix of listed properties is predominantly Houses at 72%, followed by units (12%), and townhouses (5%). Ray White was the most active agency in this area, representing 20.0% 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
Eli Waters QLD 4655
Market Insights for Eli Waters QLD 4655
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