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Overview
Situated within a quiet, modern estate, this unique freehold duplex built in 2018 offers an excellent investment opportunity with two units on a single title. The layout enables low overheads to maximise returns, a feature rarely found in duplex properties, making it especially suitable for investors seeking strong rental income.
The property currently generates a combined rental income of $1,005 per week, supported by long-term tenants secured until 2027, providing considerable income stability.
- Unit 1 features a main bedroom with ensuite, two additional bedrooms equipped with built-ins, a modern kitchen furnished with stainless steel appliances including a ceramic cooktop and dishwasher, and an open-plan living and dining area that flows to a private alfresco space – ideal for relaxed indoor-outdoor living and entertaining.
- Unit 2 offers two bedrooms with built-in robes and ceiling fans, a functional kitchen with stainless steel appliances and a ceramic cooktop, an air-conditioned tiled living room, and a covered outdoor entertainment area. The unit includes security screens throughout and a single remote garage with internal access, enhancing security and convenience.
The fully fenced, low-maintenance yard in Unit 2 complements the overall appeal by providing secure outdoor space without demanding extensive upkeep. Both units include single lock-up car accommodations with remote access, contributing to ease of living.
Located in Morayfield, the property enjoys excellent connectivity with only a short drive to public transport, shopping centers, and schools. Proximity to the highway ensures hassle-free travel to other destinations, enhancing lifestyle convenience.
This spacious dual floor plan duplex is well-maintained with great tenants in place, making it a compelling addition to any investment portfolio seeking reliable returns. The combination of strong income, location, and the modern configuration underscores the asset's long-term value.
Local Market Insights
In Morayfield, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $950,000. The property type mix of listed properties is predominantly Houses at 79%, followed by land (6%), and units (4%). The only agency with for duplexes listings currently monitored in the Morayfield area is Coronis. 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
Market Insights for Morayfield QLD 4506
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