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

88 Glenmore Road, Park Avenue QLD 4701

Offers From $499,000 Considered

House 4 Beds 2 Baths 2 Cars 486 m²
Listed: 12 hours ago
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Overview

This property represents a compelling opportunity specifically tailored for investors seeking dual income streams through a well-positioned duplex in Park Avenue. The combined rental yield is notable, generating $870 weekly from two independently leased units, which culminates in a substantial annual rental income of $45,240.

The land parcel of 486 square meters offers an optimal footprint for this residential investment without the burden of excessive maintenance. Four bedrooms and two bathrooms across the property meet contemporary standards for comfortable living, while two parking spaces accommodate residents' vehicles conveniently.

The dual tenancy arrangement provides the advantage of diversified rental income, reducing risk associated with vacancy periods. For seasoned investors or those entering the market, this property’s steady income potential and transparent timed sale process add appeal. The sale process allows buyers to submit offers ahead of a closing date, providing flexibility and clarity in transaction timing.

  • Excellent rental returns backed by a strong income stream.
  • Two separate tenants ensuring diversified income sources.
  • Practical land size allowing low maintenance.
  • Well-proportioned bedrooms and bathrooms to attract tenants.
  • Convenient parking for each unit.

As an investment asset, this duplex is a strategic addition for a portfolio aiming for reliable cash flow with the convenience of a single property management point.

Local Market Insights

In Park Avenue, Quiet Listings observed 71 new houses entering the market over the last 30 days, up from 66 during the previous 30-day period, with an average advertised asking price of $741,944. The property type mix of listed properties is predominantly Houses at 92%, followed by units (1%), and land (1%). The most active agency for houses in the Park Avenue area is currently Ray White, representing 51% of new listings, followed by McGrath Estate Agents 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.

Location
Market Insights for Park Avenue QLD 4701
New Listings (last 30 days)
71
Average price
$741,944
Lowest price
$410,000
Highest price
$6,000,000
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