11 Banksia Place

Investor Opportunity: Kawana Solid Brick Home with Immediate Cashflow This solid brick 3-bedroom, 2-bathroom residence sits on a generous 738sqm block in a quiet cul-de-sac and is currently leased at $540 per week until January 2027, providing immediate rental income and stability, with an approximate 4.3% gross yield at the asking price. The home offers a practical floorplan featuring three well-sized bedrooms, master with ensuite, open-plan living, and a functional kitchen designed for low-maintenance living. Outside, the fully fenced yard provides space and privacy while remaining easy to maintain. Conveniently located close to schools, local shops, and Rockhampton amenities, the property continues to appeal to tenants and investors alike. With a secure lease already in place, this presents a straightforward addition to any portfolio, with future flexibility available upon lease expiry. Offered at $650,000. For further information or to arrange an inspection, contact Chris Ryan at Gracemere Property Solutions.