42-44 Balmoral Place

Occupying a prime position just 300 metres from the waterfront, 42-44 Balmoral Place presents an exceptional opportunity for the savvy buyer seeking strong cash flow, renovation upside, and future development potential. Set on a generous 810m² across two titles, this complex comprises four self-contained units, including two spacious 2 bedrooms on the ground floor with an additional utility space and two 2-bedroom units upstairs. Each features open plan living and its own bathroom, providing comfortable, low-maintenance accommodation suited to the area's strong rental demand. Positioned in a central, walk-to-everything location, the property is ready to generate immediate income-while also offering excellent scope for value-adding improvements. With solid bones and a proven rental history, this is an ideal project for investors or renovators looking to unlock further value. Cosmetic upgrades, internal modernisation, and exterior enhancements could significantly increase rental returns and overall asset value. Earlier reports note areas such as paintwork, external finishes, and minor structural items that present clear opportunities to improve and capitalise. Key features: - 810m2 block across 2 titles - 2 x 2 bedroom units (ground level) with 1 utility/storage room in each ground level unit - 2 x 2 bedroom units (upstairs) - 1 bathroom per unit (4 total) - Open plan living across all units - Fully fenced, low maintenance yard - 8 off-street parking spaces - Strong rental return and future development potential (STCA) Location & Distances: Approximately - Deception Bay waterfront and foreshore: 300m - Local shopping centres and daily amenities: 5-minute drive - Rothwell train station: 7-minute drive - Redcliffe peninsula beaches and dining: 15-minute drive - Brisbane airport: 25-30 minute drive (Approx. 33-35km) - Brisbane CBD: 35-45 minute drive (traffic dependent) - Easy access to the Bruce Highway for north and southbound travel A standout opportunity for investors, developers or those seeking a high-performing asset in a tightly held coastal pocket. Secure your future in one of Deception Bay's most convenient locations. This property is being sold without a price, and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.