8 Dora Street
Morayfield, QLD 4506

Overview

Invest in Your Future with a Dual-Key Property in Morayfield!

This dual-key property located at 8 Dora Street in Morayfield presents an exceptional investment opportunity offering both high returns and flexibility. Situated in a strategic location within Morayfield, the property is conveniently close to essential amenities including schools, shopping centres, healthcare facilities, and public transport, ensuring strong tenant demand.

The innovative dual-key design features separate entrances and living spaces, allowing for the rental of both units independently. This setup caters to multiple tenants simultaneously, maximizing rental yield and accommodating a diverse range of tenant preferences such as small families, couples, or individuals. This diversity helps reduce vacancy risks and provides a steady rental income stream.

Morayfield's expanding population and robust rental market make this property an attractive investment. It offers rental yields that surpass traditional single-unit investments, providing a reliable source of passive income. The property is positioned on a 278 square meter block of land.

Property features include:

• Unit 1: 3 bedrooms, 2 bathrooms, single lock-up garage, currently tenanted until 19 May 2027 with rent of $490 per week, increasing to $520 per week from 26 June. Rental appraisal ranges between $500 and $550 per week.
• Unit 2: 2 bedrooms, 1 bathroom, currently tenanted until 26 February 2027 with rent of $360 per week. Rental appraisal ranges between $360 and $390 per week.

The location offers convenient access to various facilities:

• Approximately 2 minutes drive to IGA Local Grocer
• Approximately 5 minutes drive to Ace Academy Early Learning
• Approximately 4 minutes drive to Nurture Early Education
• Approximately 8 minutes drive to Morayfield Station
• Approximately 5 minutes drive to Morayfield State School
• Approximately 7 minutes drive to Morayfield State High School
• Approximately 7 minutes drive to Morayfield Shopping Centre
• Approximately 16 minutes drive to Caboolture Hospital
• Approximately 54 minutes drive to Brisbane CBD
• Approximately 54 minutes drive to the Sunshine Coast

This dual-key property offers peace of mind for investors seeking a high-demand location with excellent growth prospects. It is an outstanding opportunity to secure a valuable asset in a thriving market.

Disclaimer: All information provided is considered reliable but not guaranteed. Prospective buyers are advised to conduct their own due diligence. The images used in this listing are previous rental photos and may not reflect the current condition of the property.

Location