22/10 Geeba Street
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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
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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 Ltd — 477 m away
- Reserve Park — 174 m away
- Garoona Park — 399 m away
- The Ken May Memorial Lions Park — 555 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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