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Overview
This substantial dual income duplex at 6 & 6A Jessy Street, Crestmead, offers a unique investment prospect with two independent residences generating immediate rental income. The property encompasses six bedrooms and three bathrooms across both dwellings, making it an appealing option for investors aiming to diversify income streams within a single title.
The primary residence at 6 Jessy Street boasts a spacious four-bedroom configuration. Central to the home is an airy open-plan living and dining area which seamlessly transitions to a well-equipped kitchen and a covered alfresco, perfect for relaxed entertaining or everyday family living. The master suite is thoughtfully secluded, featuring a walk-in robe and ensuite, enhancing privacy and convenience. The residence is complemented by a double lock-up garage incorporating laundry facilities, contributing to the functional design.
The secondary property at 6A Jessy Street provides a thoughtfully laid out two-bedroom home with its own private entrance. This residence includes a single lock-up garage and covered alfresco area. Open-plan living paired with built-in robes in both bedrooms and a combined bathroom and laundry maximises space efficiency and livability.
Presently leased with a combined weekly rental return of $1,110 ($57,720 per annum), both residences have tenants secured through to late 2026, offering assured cash flow and minimal vacancy risk. The three-car garage capacity across the duplex adds further practical value for tenants or owner-occupiers.
Located in a well-established Crestmead pocket, the property places occupants within easy reach of key amenities including local schools like Crestmead State School and Marsden State School, as well as public transport, parks, shopping centers, and arterial roads connecting to Logan, Brisbane, and wider employment hubs. This location aids tenant retention and attracts a broad tenant demographic.
Ideal for investors seeking a hands-off dual income opportunity or those looking to expand and diversify a property portfolio, this duplex combines functional design, secure rental income, and a convenient location in a growing market.
Local Market Insights
In Crestmead, Quiet Listings observed 33 new houses entering the market over the last 30 days, up from 29 during the previous 30-day period, with an average advertised asking price of $846,758. The property type mix of listed properties is predominantly Houses at 92%, followed by units (3%), and land (3%). The most active agency for houses in the Crestmead area is currently Ray White, representing 27% of new listings, followed by NGU Real Estate with 21%. 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.
Change History
| Headline | When |
|---|---|
| $1,075,000 + Considered | |
| CONTACT AGENT |
Location
Market Insights for Crestmead QLD 4132
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