69 Lanagan Circuit
North Lakes, QLD 4509

Overview

69 Lanagan Circuit, North Lakes

Positioned in a peaceful and family-friendly pocket of North Lakes, this property at 69 Lanagan Circuit offers an excellent opportunity for investors or future owner-occupiers seeking a well-maintained home with strong rental appeal.

Constructed around 2012 by OJ Pippin, this low-maintenance brick veneer residence is situated on a 400 square meter block within The Outlook village release. It features a practical and easy-living layout with open-plan spaces and a generous backyard.

The home comprises four bedrooms, including a spacious master bedroom located at the front of the house. The master includes a large walk-in robe and a private ensuite bathroom. The other bedrooms are equipped with built-in robes and ceiling fans, and they are serviced by a central main bathroom.

At the heart of the home is a large open-plan kitchen, living, and dining area designed for everyday living and entertaining. The kitchen offers ample storage and functionality, featuring a 4-burner gas cooktop, electric wall oven, dishwasher, and a large pantry.

Sliding doors open to a large covered exposed aggregate patio that overlooks a sizeable backyard. This outdoor space provides plenty of room for children, pets, or even the potential addition of a future swimming pool.

Investors will value the long-term tenants who have occupied the property for approximately eight years. They currently pay $570 per week and are keen to remain, with a current rental appraisal suggesting $700 or more per week. This arrangement provides immediate income with strong potential for growth.

The property is located on a genuine circuit street, offering a safe and welcoming environment where children can ride bikes around the loop and neighbors enjoy a quiet community atmosphere.

Conveniently positioned within walking distance to schools, parks, sports fields, shops, childcare facilities, and extensive walking and cycling tracks, the home falls within the catchment areas for Bounty Boulevard State School and North Lakes State College. It is also close to The Lakes College and St Benedict's Catholic schools.

Whether you are looking to expand your investment portfolio or secure a future family home in a sought-after North Lakes location, this property offers both lifestyle benefits and long-term potential.

Location