2A Lucas Street

A purpose-built dual-income asset delivering immediate cash flow and long-term investment efficiency, this 2020-built residence is designed for investors seeking simplicity, performance, and consistency. Comprising two fully self-contained residences under one roof, each with private access, garage, and outdoor space, the property is engineered to attract and retain quality tenants while minimising ongoing management complexity. Investment Highlights: Dual-income design with two secure tenancies in place Current return $1,170 per week, increasing to $1,224 per week from July 2026 Purpose-built dual occupancy (not retrofitted) Built in 2020 with strong depreciation advantages Low-maintenance construction with consistent rental history and great tenants Location: Positioned within a high-demand Redcliffe Peninsula pocket Minutes to waterfront, hospital precinct, and key amenities Ongoing tenant demand driven by lifestyle and infrastructure Property Features: Residence 1 (1/2a Lucas): Four generous bedrooms, all with built-in robes and ceiling fans Master suite complete with ensuite and large built-in robe Modern family kitchen featuring stone benchtops and dishwasher Spacious open-plan living with air conditioning, LED downlights, and ceiling fan Contemporary main bathroom with separate shower and bathtub Covered alfresco area overlooking a large private courtyard Separate laundry and single remote garage Lease from 03/07/25- 03/07/26 at $695pw (new lease offered from 03/07/26- 03/07/27 at $749pw) Residence 2 (2/2a Lucas): Spacious master bedroom with built-in robe and ceiling fan Flexible second bedroom or additional living space Modern kitchen with stone benchtops and dishwasher Open-plan air-conditioned living area with ceiling fan Well-appointed bathroom Private alfresco area and courtyard Single remote garage Lease from 21/04/26-21/04/27 at $475pw Opportunities to secure a modern, dual-income property with proven performance and minimal input are limited. This is a clean, set-and-forget investment with immediate and growing returns.