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Overview
Dual Income Opportunity on 846sqm – Secure Returns
Situated in a peaceful cul-de-sac in Morayfield, this well-maintained duplex offers an exceptional investment opportunity on a generous, flat 846 square meter block. The property comprises two self-contained units, each designed to provide comfortable and low-maintenance living for tenants.
Each unit features two bedrooms, one bathroom, a dedicated car space, and a private courtyard, offering valuable outdoor space for residents. The interiors are in fairly original condition, presenting excellent potential for cosmetic enhancements and value-adding renovations over time.
Currently, both units are leased at $420 per week until 30 June 2027, delivering a strong combined rental income of $840 per week from the outset. The leases are managed under a secure Head Leasing Program, which provides investors with added security and peace of mind.
This Head Leasing arrangement ensures rent is paid directly in advance, mitigating concerns about rental arrears and vacancy periods. The program includes proactive tenancy support, regular property inspections, and dedicated communication channels to maintain stable tenancies and ensure the property is well cared for.
This duplex is ideal for investors looking to expand their portfolio, secure a set-and-forget investment, or land bank a sizeable parcel with future development potential. It represents a rare combination of reliable income, long-term security, and opportunity for future growth.
Property Features:
- Flat 846 square meter allotment
- Duplex comprising two separate units
- Fairly original condition with scope for renovation
- Currently returning $840 per week combined rental income
- Leases in place until 30 June 2027
- Managed under a secure Head Leasing Program
- Stable long-term investment with reduced vacancy and arrears risk
Each unit offers:
- Two bedrooms
- One bathroom
- One car space
- Private courtyard
- Functional kitchen, dining, and living areas
Properties offering dual income, long-term tenancy security, and future growth potential are increasingly rare in the Moreton Bay region. This duplex presents an excellent opportunity to secure a reliable investment in a consistently strong rental market.
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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
Morayfield QLD 4506
Market Insights for Morayfield QLD 4506
Other properties in this postcode
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