Overview

Situated in the highly sought-after suburb of Wavell Heights, this well-maintained three-bedroom, two-bathroom residence offers an exceptional opportunity for investors looking for immediate rental income and long-term capital appreciation. The property is set on a spacious 607 square meter fully fenced block, providing approximately 130 square meters of functional living space. Currently leased to a reliable tenant, it ensures a steady income from day one.

The home features durable timber floorboards throughout, which add to its low-maintenance appeal. The open-plan living area, combined with a practical kitchen equipped with a dishwasher, enhances the everyday functionality for tenants. Additionally, a large rear shed offers secure parking for up to two cars, with a third secure parking space available under the house, adjacent to the laundry, which is built on a full concrete slab. This setup provides ample clean, practical, and versatile storage options—features that consistently bolster rental demand.

The substantial land component not only supports current living arrangements but also underpins future growth potential, with opportunities for renovation or extension. The property is conveniently located near quality schools, parklands, shopping precincts, and key transport links, making it an attractive option for both tenants and owner-occupiers. This blue-chip northern Brisbane address continues to draw strong interest from both groups.

With a solid tenant already in place and excellent long-term fundamentals, this property represents a strategic, set-and-forget investment opportunity. The combination of location, features, and current rental income makes this home a compelling choice for any investor looking to expand their portfolio.

Location