Lot 1317 Formosa Street, Hidden Valley QLD 4703

This unique property at Lot 1317 Formosa Street, Hidden Valley, offers a compelling investment opportunity that combines modern turnkey living with versatile income potential, all within an efficiently designed 500m² lot on Queensland's picturesque Capricorn Coast.

The standout feature is the auxiliary home design, which integrates a three-bedroom main residence with a separate two-bedroom secondary residence. This layout is engineered not as a traditional duplex, but as a single dwelling under one rates notice, providing investors with flexibility and maximising rental return possibilities. Each residence boasts independent living spaces, kitchens, laundries, garages, and covered outdoor patios, fostering privacy and autonomy for occupants.

The primary residence features a master bedroom with private ensuite and built-in robe, two further bedrooms with built-in storage, and a spacious air-conditioned open-plan living and dining area. The kitchen is thoughtfully appointed with quality 20mm engineered stone bench tops, a pantry, dishwasher, and modern cooking appliances. Accessibility is enhanced by a step-free shower in the main bathroom, complementing the practical separate internal laundry and secure single lock-up garage.

The accompanying secondary residence maintains consistent standards with two bedrooms with built-in robes, a separate air-conditioned living and dining area, dedicated kitchen with engineered stone surfaces and appliances, a main bathroom with step-free shower, internal laundry, and single lock-up garage. Its private covered patio provides an inviting outdoor retreat.

Combined, the total internal area across both residences is approximately 223m², optimising the modest land area without compromising on space or functionality. Separate hot-water systems and air conditioning units for each component enhance tenant comfort and allow for independent operation.

A key benefit for investors is the property's turnkey condition, including a fixed-price building contract, full fencing, turf, exposed aggregate driveway and porch, vertical blinds, quality flooring in living and bedroom spaces, stainless-steel kitchen appliances, reverse-cycle air conditioning, LED lighting, termite protection, and comprehensive manufacturer warranties and structural guarantees. This facilitates a seamless transition to rental occupancy, minimising initial outgoings and maintenance issues common in new builds.

Rental projections are attractive, with estimated weekly returns of $580–$620 for the two-bedroom unit and $620–$680 for the three-bedroom main dwelling, culminating in a combined potential income around $1,200–$1,300 weekly before expenses, reflecting a healthy gross rental yield near 7% per annum.

Set in the Hidden Valley growth area of Yeppoon, the property benefits from emerging residential development supported by infrastructure projects like the East West Connector, alongside the Capricorn Coast's blend of natural coastal allure and established amenities. This location is well-suited for astute investors seeking to capitalise on both immediate rental income and potential capital appreciation in a community poised for expansion.

In summary, this property represents a sophisticated investment asset, marrying modern design, dual income streams, manageable land size, and a desirable regional location. It offers a turn-key solution ready to meet the demands of today's rental market while providing enduring value and functional versatility.