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GREAT INVESTMENT - DUAL OCCUPANCY ~ 5% GROSS YIELD : RENTED AT $760 A WEEK

Introducing 46 Wellington Road, located adjoining the prestigious North Quarter Estate of Murrumba Downs: A dual dwelling comprising a  2-Bedroom Upper Floor Unit with 1 Bathroom above a 3-Car Lockup Garage and located to the rear a luxurious 3-Bedroom Ground Floor Unit with 2 Bathrooms and 2-Car Port on a Spacious 705 sq.m. Block. The front and rear units have a firewall between them allowing for the possibility of separate titles. 

This modern and beautifully constructed home was built in 2010 to an exceptional standard, ensuring long-lasting quality and offering substantial tax depreciation benefits. The property boasts numerous impressive features that make it an excellent investment opportunity. 

The property is occupied by two fantastic long-term tenants who pay a combined $760 a week, offering a stable and reliable income stream for savvy investors for a gross rental yield of ~ 5% PLUS the tax depreciation.

There is also an opportunity to construct an additional dwelling in the rear garden.

It's worth noting that a nearby 866 sq.m. vacant block has received an offer of $850,000!

The front, self-contained unit has a balcony with amazing views.

The rear ground floor unit is gated to allow use of the extensive garden.

Contact Nigel Lucas for further information.

5 3 5 705 m2
Address 46 Wellington Road, Murrumba Downs
Price SOLD for $805,000
Property Type Residential
Property ID 6159
Category House
Land Area 705 m2
Floor Area 279 m2

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Agent Details

Nigel Lucas photo

Nigel Lucas

0413 351 603
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Jason Gayler photo

Jason Gayler

0403 623 863
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Emma was amazing! Great communication and knowledge. It was our first time selling a property so her support and guidance made it a very easy process. Highly recommend!

Emma was a please to deal with, always responsive and happy to help

Emma was fantastic to work with as she had great communication, was friendly and offered useful advice making the process easier and enjoyable.

After choosing Emma as the agent to sell our property, she was fantastic to work with and it was clear she had excellent market knowledge and experience. She was genuinely interested in our situation and her communication was clear and to the point. I didn’t at any point feel pressured and this hugely contributed to making, what can be a very stressful process, that much easier

This is our second time working with Emma and again we had such a great experience. Emma helped us understand the processes, provided guidance and was always available to answer any questions along the way. We are so grateful for her hard work and dedication to us during this process and would highly recommend her to anyone.

Emma was amazing. She is a very knowledgeable, hardworking and professional real estate agent, who will do everything she can to facilitate the seamless sale of your home, without compromising price or time. Emma was always sure to answer all of our questions and went out of her way to accomodate our needs and busy schedules. We are very grateful for her expertise and hard work.