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46 Essington Mews, Leichhardt QLD 4305

Price Guide $950,000 - $1,000,000

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$950k - $998k Transparent Transparent Listing Based on an openly advertised listing price.

Duplex 5 Beds 3 Baths 2 Cars 761 m² 205 m²

Listed: yesterday

Overview

Set on a generous 761m² allotment, this contemporary dual-living duplex offers a compelling investment opportunity with two separate tenanted units generating a combined weekly income of $950. Built in 2019, the property benefits from modern design elements and practical layouts that emphasize functional living with minimal maintenance.

The main unit features four bedrooms, including a master with ensuite and direct patio access, complemented by a second bathroom, an air-conditioned open-plan living and dining space seamlessly flowing into the kitchen and outdoor covered entertaining area. This space is ideal for comfortable everyday living and private relaxation, foregrounding tenant appeal.

The secondary unit, comprising one bedroom with an ensuite, its own kitchen and air-conditioned living/dining area, and a separate patio, maintains privacy and independence. Both units have individual entrances and single garages with integrated laundry facilities, further underlining the property’s dual-income flexibility.

Investors will appreciate the secure fixed-term tenancies in place through to 2027, with strong features such as brand new carpet in the main unit, built-in wardrobes, ceiling fans, and a fully fenced yard promoting long-term tenancy suitability. The property's practical interiors and tiled living areas cater well to durability and tenant comfort.

Located in Leichhardt, Ipswich, residents benefit from proximity to essential amenities, schools, and public transport including a five-minute walk to Wulkuraka Train Station. Nearby green spaces like Tony Merrell Park provide recreational opportunities, while easy access to Ipswich CBD broadens shopping and dining options. This dual-living property offers not only a stable income stream but also potential for future family use once leases expire, subject to tenancy regulations in Queensland.

With its dual-income configuration, modern amenities, and strategic location, this property appeals principally to investors seeking reliable returns with low upkeep commitments, as well as buyers considering flexible housing arrangements that balance family needs with privacy.

Local Market Insights

In Ipswich, Quiet Listings observed 6 new duplexes entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $952,873. The property type mix of listed properties is predominantly Houses at 79%, followed by townhouses (9%), and land (4%). The most active agency for duplexes in the Ipswich area is currently Blue Wave Property Real Estate, representing 33% of new listings, followed by NGU Real Estate with 17%. 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.