42-44 Balmoral Place
Deception Bay, QLD 4508

Overview

Coastal Quad Investment - Strong Returns, Renovation Upside & Development Potential

Occupying a prime position just 300 metres from the waterfront, this property presents an exceptional opportunity for buyers seeking strong cash flow, renovation potential, and future development possibilities.

Set on a generous 810 square meter block spanning two titles, the well-maintained complex consists of four self-contained units. This includes two spacious three-bedroom residences on the ground floor and two well-appointed two-bedroom units upstairs. Each unit features open plan living and its own bathroom, offering comfortable and low-maintenance accommodation that aligns with the area's strong rental demand.

Located centrally within walking distance to various amenities, the property is ready to generate immediate income while also providing excellent scope for value-adding improvements.

With solid construction and a proven rental history, this investment is ideal for investors or renovators aiming to unlock additional value. Cosmetic upgrades, internal modernisation, and exterior enhancements could significantly increase rental returns and overall asset value. Previous reports have identified areas such as paintwork, external finishes, and minor structural items as clear opportunities for improvement and capitalisation.

Key features include:

• 810 square meter block across two titles
• Two three-bedroom units on the ground level
• Two two-bedroom units upstairs
• One bathroom per unit, totaling four bathrooms
• Open plan living throughout all units
• Fully fenced, low maintenance yard
• Eight off-street parking spaces
• Strong rental return and future development potential, subject to council approval

Location and distances approximately:

• 300 meters to Deception Bay waterfront and foreshore
• Five-minute drive to local shopping centres and daily amenities
• Seven-minute drive to Rothwell train station
• Fifteen-minute drive to Redcliffe peninsula beaches and dining
• 25 to 30-minute drive to Brisbane airport (approximately 33 to 35 kilometers)
• 35 to 45-minute drive to Brisbane CBD, traffic dependent
• Easy access to the Bruce Highway for north and southbound travel

This is a standout opportunity for investors, developers, or those seeking a high-performing asset in a tightly held coastal pocket. Secure your future in one of Deception Bay's most convenient locations.

The property is being sold without a price guide. The owners are open to considering all offers prior to auction. If not sold beforehand, the property will be auctioned online on Tuesday, April 14th at 6:00 pm.

Location