300A Preston Road

In a market where affordability continues to challenge traditional home ownership, opportunities such as this are becoming increasingly rare. Comprising two fully self-contained residences on a single freehold title, 300A Preston Road presents a unique opportunity to secure not one home, but two. Whether purchased by siblings entering the market together, parents and adult children seeking independence without separation, business partners combining resources, or homeowners looking to significantly offset their mortgage with an established income stream, this is a property that offers genuine flexibility from day one. Thoughtfully designed and beautifully balanced, each residence provides three bedrooms, two bathrooms, open-plan living, private outdoor entertaining and secure lock-up accommodation. While sharing one title, each home maintains its own sense of privacy, functionality and independence. This is real estate designed for the way people are increasingly choosing to live. Residence One: Three bedrooms Two bathrooms Single lock-up garage Open-plan kitchen, living and dining Outdoor entertaining area Large private yard Visitor parking Currently leased at $750 per week Lease expiry 2026 Residence Two: Three bedrooms Two bathrooms Single lock-up garage Open-plan kitchen, living and dining Private outdoor entertaining courtyard Currently leased at $780 per week Lease expiry 2027 Why This Opportunity Stands Apart: Two fully self-contained residences Freehold dual key title No body corporate fees Live in one and lease the other Purchase with family while maintaining independence Ideal for multi-generational living Suitable for friends or business partners entering the market together Flexibility to occupy both residences in the future Established income from day one Property Features: Six bedrooms Four bathrooms Two lock-up garages Additional visitor parking Two private outdoor entertaining areas Large yard to Residence Two Low-maintenance design Strong existing tenancy profile Income Snapshot: Residence One: $750 per week Residence Two: $780 per week Combined rental income: $1,530 per week Approximate annual income: $79,560 per annum Potential annual income at $780 per residence: $81,120 per annum The true value of 300A Preston Road lies not only in what it is today, but in the options it creates for tomorrow. A property that can generate income. A property that can reduce financial pressure. A property that can bring family together while preserving independence. A property that offers flexibility, security and long-term value in one of Brisbane's most established bayside communities. Two complete homes. One title. Endless possibilities. *Equivalent purchase price per residence based on a hypothetical 50/50 ownership structure. Property Disclaimer: In preparing this information, we have used our best endeavours to ensure the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein. All information provided by Tamara Hall Properties is supplied as a convenience to clients. Disclaimer: We have obtained this 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.