176 Herses Road
Eagleby, QLD 4207

Overview

Dual Income Goldmine - Renovated Main House + Near-New Granny Flat

This property at 176 & 176A Herses Road, Eagleby, presents a unique investment opportunity featuring two fully self-contained residences on a single title, offering dual income potential and versatile living arrangements.

The main residence has been recently renovated to provide a fresh, modern living environment. It boasts fresh internal and external paintwork and brand new flooring throughout, creating a bright and welcoming atmosphere. The open-plan living and dining areas are filled with natural light, enhancing the sense of space and comfort. The functional kitchen and well-appointed bathroom cater to everyday needs with convenience and style.

Comprising three generously sized bedrooms, the main house is situated on a corner block, which adds to the spacious feel and provides additional outdoor space. This residence is move-in ready and is likely to attract quality tenants or owner-occupiers seeking a comfortable and stylish home.

At the rear of the property, the near-new granny flat, approximately two years old, offers a completely separate and contemporary living space. Designed with practicality and comfort in mind, it includes two bedrooms with built-in storage, a stylish kitchen, and an open-plan living area featuring timber-style flooring. Reverse cycle air conditioning ensures comfort throughout the year. The granny flat also benefits from a private outdoor area, including a deck and a fully fenced yard, enhancing its appeal for tenants or family members.

This dual dwelling setup is ideal for investors seeking strong rental returns, multi-generational families requiring flexible living options, or anyone looking for a property with long-term versatility. The combined rental income currently totals $1,055 per week, with the granny flat leased at $520 per week until November 2026 and the main residence at $535 per week, with a lease renewal due in August 2026. Both tenancies are held by long-term, reliable occupants, providing immediate income and potential for future rental growth.

The property sits on a 601 square meter block, with parking facilities including two garage spaces and two additional off-street parking spots, accommodating multiple vehicles comfortably.

Local council rates and water charges amount to $1,614 per quarter, reflecting the ongoing costs associated with the property.

Located in a well-connected and convenient area of Eagleby, the property is close to schools, shopping centers, parks, and public transport options. It offers easy access to both Brisbane and the Gold Coast, making it an attractive location for tenants and residents alike.

With both dwellings updated to a high standard and requiring minimal maintenance, this property represents a rare chance to secure a high-performing dual living asset that combines excellent presentation, functionality, and strong income potential in one package.

Location