Positioned on a generous, flat 846sqm block in a quiet Morayfield cul-de-sac, this well-maintained duplex presents an outstanding opportunity for investors seeking immediate income with future upside.
Comprising two self-contained units, each residence offers 2 bedrooms, 1 bathroom, a dedicated car space, and its own private courtyard, providing tenants with comfortable, low-maintenance living and valuable outdoor space. The interiors remain fairly original throughout, presenting excellent scope for cosmetic improvements and value-adding renovations over time.
With both units currently leased at $420 per week until 30 June 2027, the property delivers a strong combined rental return of $840 per week from day one. Even better, the tenancies are managed through Coast2Bay’s Head Leasing Program, offering investors an added layer of security and peace of mind.
Under the Head Leasing arrangement, Coast2Bay pays rent directly in advance, helping to eliminate concerns around rental arrears and vacancy periods. Their proactive tenancy support program works closely with residents to maintain stable tenancies, while regular property inspections and dedicated communication channels ensure the property continues to be well cared for.
Whether you’re looking to expand your portfolio, secure a set-and-forget investment, or land bank a sizeable parcel with future potential, this duplex represents a rare combination of reliable income, long-term security, and value-add opportunity.
Property Features:
• Flat 846sqm allotment
• Duplex comprising two separate units
• Fairly original condition with future renovation potential
• Currently returning $840 per week combined
• Both leases in place until 30 June 2027
• Managed under Coast2Bay’s secure Head Leasing Program
• Stable long-term investment with reduced vacancy and arrears risk
• Each unit offers:
– 2 bedrooms
– 1 bathroom
– 1 car space
– Private courtyard
– Functional kitchen, dining and living areas
Properties offering dual income, long-term tenancy security and future growth potential are becoming increasingly difficult to find. Don’t miss this excellent investment opportunity in one of Moreton Bay’s consistently strong rental markets.
* Please note virtual furniture has been used for marketing purposes.
