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22/10 Geeba Street, Slacks Creek$335,000
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For Saleapartment

22/10 Geeba Street

Slacks Creek, QLD 4127, Australia
$335,000
2 bed 2 bath1 ha

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About this property

A standout opportunity to secure a high-performing, dual-income asset, this spacious stand-alone duplex is one of the largest within the complex and designed for comfortable & independent living. Privately positioned in a quiet, elevated setting within the sought-after Parkview Gardens complex, this stand-alone duplex enjoys a desirable northerly aspect and a pleasant outlook across the gazebo and leafy parkland surrounds. Comprising of TWO fully self-contained units on a single title, the property delivers immediate returns with long-term tenants already in place, making it an ideal "set and forget" investment in a consistently high-demand sector. Unit 43 - The larger of the two units, offers generous single-level living, featuring a spacious lounge that flows seamlessly to a covered balcony, a well-appointed kitchen with ample storage, and an open-plan living and dining zone. The bedroom includes a double sliding door cupboard and ceiling fan, while the ensuite bathroom is well-sized with provision for a washing machine. Carpeted flooring and security screens enhance comfort and peace of mind. Unit 22 - Presents a functional open-plan layout with kitchenette, neutral tones and timber-style flooring. It includes a spacious bedroom, bathroom with laundry provision, and enjoys a pleasant leafy outlook. Residents in the Parkview Gardens complex benefit from a welcoming, social environment with access to shared facilities including a large communal room with kitchen and dining area, along with a separate lounge and games space-perfect for gatherings and activities. Importantly, while residents must be over 55, ownership is not age-restricted-broadening the appeal for investors seeking a flexible and future-proof asset. Key Features: * Standalone duplex comprising two fully self-contained units * Over 55's complex * Single title ownership - both units sold together * Strong dual-income stream with long-term tenancies * One of the largest duplexes in the complex Investment Snapshot: * Body Corporate: approx. $1,860 per quarter * Council Rates: approx. $909 per quarter * Water Rates: approx. $748.57 per quarter * Unit 43: $320 per week * Unit 22: $320 per week * Approx. 9.5% gross yield * Approx. 5.4% net yield A smart addition to any portfolio, this property combines strong returns, low-maintenance appeal and long-term growth potential in a tightly held community setting. Contact Trish Breen on 0419 647 799 to arrange for an inspection … 48 hours notice is required due to the property being tenanted. ** Property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations. ** Please note: Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and /or furnishings depicted, item removal or photo editing for advertising purposes.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Land Area
1 ha
Listed
2 months ago

Repayment calculator

$1,624/month
$812 /fortnight
Loan $268,000 at 6.10% over 30 years

Upfront costs

Deposit$67,000
Stamp duty$10,150
Conveyancing (est.)$2,000
Total upfront$79,150
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Slacks Creek

This 2-bedroom apartment in Slacks Creek, QLD 4127 sits within reach of public transport, local shops and nearby schools. It is listed 58% below the $799,000 median of 56 comparable apartmentswithin 5 km.

Schools near Slacks Creek

  • Mabel Park State Schoolprimary · Prep-6 · CoEd
  • Mabel Park State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Lake Rd near Reserve Rd (bus)123 m away
  • Weise Bike Co Pty Ltd477 m away
  • Reserve Park174 m away
  • Garoona Park399 m away
  • The Ken May Memorial Lions Park555 m away

Slacks Creek at a glance

Full suburb profile
Population
10,408
Median age
35
Household income
$1,301/wk
Median rent
$310/wk
Median mortgage
$1,430/mo

Source: ABS Census.

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Suburb market

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Slacks Creek price trend

Median sold · Unit 2 bed

$572kcurrent median

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