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3+2 BED DUAL INCOME PROPERTY - Maximise your Rental Income with this New, High Yield Home, Greenbank$1.19m
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3+2 BED DUAL INCOME PROPERTY - Maximise your Rental Income with this New, High Yield Home

Greenbank, QLD 4124, Australia
Approximate location shown. Contact agent for exact address.
$1.19m
5 bed 3 bath 2 car1349 m²

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About this property

Dual House and Land packages are limited - Secure with an EOI today As housing prices rise faster than rental income in the capital cities, investing in dual key properties is a fantastic way to maximise your returns. This property is actually two separate homes on the one title, a 4 bed, 2 bathroom, home and another 1 bedroom home, complete with separate entrances. Some of the benefits of a dual-key property include: - Two separate income producing properties on a single title. - Each property can be rented out separately, maximising rental returns. - It allows for flexible living arrangements, such as living with an elderly family who want to be close, but have their own privacy. ABOUT THE AREA Greenbank is located 25km south of Brisbane City. It is well known for its parks and native flora and fauna. Population growth forecasts are around 8% over the next 25 years, so demand for housing should be strong, with solid rental returns and capital growth. Train access to Brisbane is available from Springfield Central Train Station. Dwelling A: 4 Bed, 2 Bathroom, Single Garage Dwelling B: 1 Bed, 1 Bathroom, Single Garage ABOUT THE PROPERTY LAND: $527,500 (447 sqm) HOUSE: $741,016 (249 sqm) TOTAL HOUSE AND LAND PACKAGE: $1,268,516 HOUSE AND LAND PACKAGE INCLUSIONS - Full Turnkey, Fixed Price - Designer kitchen with stainless steel cooktop, oven, range hood and dishwasher - Exposed aggregate driveway and turfing to entire lot, with full timber paling fencing and landscaping - Superior LED lighting package throughout the entire house(excl. garage) - High quality carpet and tiles throughout - 20mm stone benchtops to kitchens and bathrooms - Split system air conditioners - Ceiling fans in every bedroom and living area - Structural guarantee RENTAL ESTIMATE: $1150 - $1240 per week combined -Two Contract Purchase - Land and Build - Completing an expression of interest and an initial deposit of $1,000 will secure this property. STANDARD CONDITIONS Only pay stamp duty on the land and no stamp duty on the build. - Unconditional contracts only - $30,000 deposit is required for land deposit Progressive payments are required during the build process. For more information contact Aaron on 0412828702 HOW WE CAN HELP YOU We working with a range of clients to meet individual needs and requirements, delivering the best value home and land packages in South East Queensland. Through our trusted network of builders and land developers across South East Queensland, Asset Property Partners offers a no-cost service that helps everyday Australian's make smarter property choices. Let us help you save time and money whilst taking the hassle out of building! Disclaimer: Disclaimer: All images and descriptions are indicative and may vary from the final product. All information contained herein is gathered from sources we believe to be reliable. Intending purchasers should satisfy themselves by clarification prior to purchase. Prices stated are subject to availability. All plans are copyright in whole and in part.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Land Area
1349 m²
Listed
4 weeks ago

Repayment calculator

$5,775/month
$2,888 /fortnight
Loan $953,004 at 6.10% over 30 years

Upfront costs

Deposit$238,251
Stamp duty$49,022
Conveyancing (est.)$2,000
Total upfront$289,273
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 Greenbank

This 5-bedroom house in Greenbank, QLD 4124 sits within reach of and nearby schools. It is listed 20% above the $990,000 median of 85 comparable houseswithin 5 km.

Schools near Greenbank

  • Everleigh State Schoolprimary · Prep-6 · CoEd
  • Greenbank State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Pakenham Park955 m away
  • Ison Park1.3 km away
  • Hungtingdale Reserve1.5 km away

Greenbank at a glance

Full suburb profile
Population
9,587
Median age
37
Household income
$2,240/wk
Median rent
$430/wk
Median mortgage
$2,015/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Greenbank price trend

Median sold · House 5+ bed

Compound growth +8.9% / yr over 4 yrs

$1.33mcurrent median

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Full Greenbank market

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2 price changes recorded for this property

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