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Overview
Two Homes. One Title. $1,440 Per Week in Rental Income on 1,012m²
This exceptional property located in the heart of Woody Point offers a unique opportunity with two approved residences situated on a generous 1,012 square meter allotment. This dual occupancy setup provides immediate rental income, long-term security, and versatile options for both investors and owner-occupiers.
The combined rental income from both homes totals $1,440 per week, with each residence leased to reliable tenants, ensuring a steady income stream from the outset.
The front residence, known as 32A Bramble Street, is the original home on the property. It underwent thoughtful renovations approximately seven years ago and is currently leased at $650 per week until January 28, 2027. The tenants have enjoyed a long-term stay of around 25 years, reflecting the property's comfort, appeal, and the desirability of the location.
At the rear of the property, 32B Bramble Street was built in 2019 and features a modern, low-maintenance design with an open-plan layout. This contemporary single-level home includes four bedrooms, two bathrooms, and a double garage. Additional features include ducted air conditioning and seamless indoor-outdoor living spaces. The rear home is leased at $790 per week until November 18, 2026.
Both residences benefit from their own private outdoor entertaining areas and yard spaces, along with ample storage, providing a sense of independence and privacy that is uncommon in dual occupancy properties.
This property is ideal for investors seeking a high-performing asset, families requiring accommodation for extended members, or buyers looking for a strategic landholding in one of the Peninsula's most sought-after areas.
Beyond the current leases, the property offers an excellent opportunity for multi-generational living. With two separate homes, private outdoor areas, and independent living spaces, it is perfectly suited for extended families who wish to remain connected while enjoying their own privacy.
Key features include:
- Approved dual occupancy on a substantial 1,012 square meter allotment
- Two separate residences on one title
- Combined rental income of $1,440 per week
- Front residence leased at $650 per week until January 28, 2027
- Rear residence leased at $790 per week until November 18, 2026
- Long-term tenant history in the front home
- Rear residence constructed in 2019
- Modern lowset design with four bedrooms, two bathrooms, and double garage
- Ducted air conditioning in the rear home
- Private yards and outdoor entertaining areas for both homes
- Excellent storage throughout
- Exceptional opportunity for investors and multi-generational living
- Properties with genuine dual-income potential, strong tenancy security, and modern accommodation on a landholding of this size are increasingly rare
The property is being sold by auction on-site, scheduled for Saturday, July 11 at 4:00 pm, unless sold prior.
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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Woody Point QLD 4019
Market Insights for Woody Point QLD 4019
Other properties in this postcode
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