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Overview
This dual-income duplex on a sizeable 784 square metre block in the established suburb of Bundamba offers a compelling investment opportunity. The property comprises two well-maintained units, each providing comfortable living conditions complemented by private outdoor areas, supporting tenants’ privacy and low maintenance.
- Unit 1 includes three bedrooms, two bathrooms, and a single lock-up garage, enhanced with air-conditioning in the living area and main bedroom for consistent year-round comfort.
- Unit 2 features two bedrooms, one bathroom, and its own lock-up garage, also benefiting from air-conditioning in key areas and ceiling fans throughout both units to ensure tenant comfort during warmer months.
Combined, these units generate a steady rental income of $975 per week, equating to $50,700 annually, underscoring the property's appeal to investors seeking dual-income prospects. The sizeable land component not only provides room for tenant enjoyment but also potential future value appreciation.
Located conveniently close to local amenities including shops, schools, parks, and public transport, as well as major road connections, it is well positioned to attract long-term tenants and support capital growth. This property suits investors looking for a low-maintenance asset delivering reliable income streams while holding good growth potential within a practical and amenity-rich location.
Local Market Insights
In Bundamba, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, with an average advertised asking price of $910,000. The property type mix of listed properties is predominantly Houses at 76%, followed by townhouses (10%), and land (7%). The most active agency for duplexes in the Bundamba area is currently Image Property, representing 50% of new listings, followed by McGrath Estate Agents with 50%. 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 Bundamba QLD 4304
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