15 Ahearne Street
Hermit Park, QLD 4812

Overview

15 Ahearne Street, Hermit Park QLD

Positioned in the heart of Hermit Park, this solid block of four self-contained units offers an outstanding investment opportunity with immediate income and future value growth potential.

The property comprises four units, each featuring two bedrooms and one bathroom. All units are currently tenanted with leases secured until late 2026, providing a reliable combined rental income of $1,010 per week. There is potential to increase returns through renovations or lease renewals.

Constructed with durability in mind, the building features solid construction and timber floorboards, offering a strong foundation for future enhancements. Investors can add value by undertaking cosmetic upgrades such as external painting and kitchen and bathroom renovations, modernising the units and increasing rental appeal.

Key features include:

• Block of 4 units, each with 2 bedrooms and 1 bathroom
• Leases in place until late 2026, ensuring secure income
• Strong rental return of $1,010 per week
• Solid timber floorboard construction
• Excellent potential for value-add through cosmetic improvements
• Prime location in Hermit Park, close to amenities and transport

This property represents a rare chance to expand an investment portfolio or secure a stable, income-producing asset with upside potential in a tightly held suburb.

Disclaimer: The information provided is a general guide to the property and its features. While care has been taken to ensure accuracy, no warranty is given regarding completeness or reliability. Interested parties should conduct their own enquiries, inspections, and seek independent advice before proceeding. Measurements and figures are approximate. Photographs may include digital enhancements or virtual furnishings to protect tenant privacy or indicate potential.

Location