Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

5 Oakland Street, Burpengary East QLD 4505

Offers Over $1,100,000

Search Band Search Visibility Band

$1M - $1.1M High Confidence Calculated based on strong search observations.

Duplex 5 Beds 3 Baths 2 Cars

Listed: 13 days ago

Overview

This dual-residence duplex investment in Burpengary East presents a rare opportunity with two fully independent homes generating secure, pre-leased income. The property comprises a larger three-bedroom home and a smaller two-bedroom residence, each featuring private outdoor areas and separate lock-up garages, emphasising privacy and convenience.

The primary residence is designed with family dynamics in mind, boasting built-in wardrobes, a separate kitchen, a dedicated laundry, and open living and dining areas enhanced by air-conditioning. Such a layout provides practicality and comfortable living, accommodating growing or multi-generational families with ease.

The second residence mirrors this comfort on a smaller scale with its own kitchen and living spaces, making it ideal for extended family members, guests, or long-term tenants. Both homes offer flexibility in living arrangements and strong appeal to investors looking for consistent rental income.

Five bedrooms and three bathrooms combined, offering ample accommodation options.
Two kitchens and multiple living and dining areas, supporting separate and harmonious living.
Secure and private outdoor spaces suited for relaxation and entertainment.
Each residence has a single lock-up garage, providing valuable parking and storage.
Pre-leased with new agreements commencing in November, delivering an assured $1,060 per week rental return equating to over $55,000 annually.

Located within the expanding residential community of Burpengary East, the property benefits from proximity to essential local amenities including schools, parks, shopping, and transport links, enhancing lifestyle convenience for occupants or tenants.

This investment suits those seeking immediate rental returns paired with the flexibility of owning two clearly separated homes, offering potential for personal occupation or diversified income streams.

Local Market Insights

In Moreton Bay - North, Quiet Listings observed 17 new duplexes entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $925,897. The property type mix of listed properties is predominantly Houses at 77%, followed by units (8%), and townhouses (4%). The most active agency for duplexes in the Moreton Bay - North area is currently Remax, representing 18% of new listings, followed by Coronis with 18%. 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.