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84/37 Mulgrave Road
Marsden, QLD 4132

Offers Over $719,000

3
Bed
2
Bath
1
Cars
Land Size: 138 sqm
Property Type: Unit
Last Updated: 12 Mar 2026
Overview

Set & Forget Investment - Leased at $575/week Until 2027

This well-maintained three-bedroom townhouse presents an excellent opportunity for investors seeking a secure, low-maintenance property with reliable long-term tenants already in place. Situated in a tidy and well-kept complex complete with a swimming pool, BBQ and entertaining area, the home offers comfortable living and strong investment appeal in a growing area.

Inside, the townhouse features a practical and functional layout with air-conditioned open-plan living, dining and kitchen areas, creating a comfortable space for everyday living. The kitchen offers ample bench space and storage, making it both convenient and practical.

Upstairs, you will find three well-sized bedrooms, all fitted with ceiling fans. The master bedroom includes air-conditioning and a private ensuite, while the remaining bedrooms are serviced by the main bathroom located upstairs.

Downstairs features tiled flooring throughout the living areas for easy maintenance, along with a separate toilet for added convenience. The stairs and bedrooms are carpeted, providing extra comfort.

Residents also enjoy access to the complex swimming pool, BBQ facilities and entertaining area, perfect for relaxing or social gatherings.

Property Features

  • 3 well-sized bedrooms, all with ceiling fans
  • Master bedroom with private ensuite and air-conditioning
  • Air-conditioned open-plan living, dining and kitchen area
  • Practical kitchen with ample bench space and storage
  • Main bathroom upstairs servicing bedrooms
  • Tiled flooring throughout downstairs living areas
  • Carpeted stairs and bedrooms for comfort
  • Downstairs toilet
  • Single car accommodation
  • Access to swimming pool, BBQ and entertaining area

Investment Details

  • Currently rented for $575 per week
  • Lease in place until 24 February 2027
  • Last rent increase 25 February 2025

With strong rental returns and secure long-term tenants, this property presents a fantastic set-and-forget investment opportunity in a consistently growing location.

Disclaimer: While every effort has been made to ensure the accuracy of this information, interested parties should make their own enquiries and verify all details independently.

Location
84/37 Mulgrave Road
Marsden QLD 4132
Measurements
Type Dimensions
Building Area Sqm 206
Floor Area 206 sqm
Market Insights for Marsden QLD 4132
New Listings (last 30 days)
8
Average price
$912,375
Lowest price
$750,000
Highest price
$1,050,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.