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House for Sale

12 Rathkeale Street Crestmead, QLD 4132

$1,099.000-$1,150.000Floorplan
  • 5 Beds
  • 2 Baths
  • 5 Cars

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12 Rathkeale Street, Crestmead, QLD 4132

House for Sale in Crestmead

High Yield Dual Income Investment Opportunity

  • 5 Beds
  • 2 Baths
  • 5 Cars

Positioned on a spacious block, this outstanding dual income property presents the perfect opportunity for savvy investors looking to secure strong returns and long-term growth potential. Featuring a renovated high set home plus a near-new granny flat, this is a true set-and-forget investment with multiple income streams.
The main residence has been tastefully renovated upstairs with brand new flooring, a modern kitchen and a fully updated bathroom, ensuring minimal maintenance and strong tenant appeal. The home also offers valuable side access, adding extra convenience for tenants needing additional vehicle, trailer or caravan storage. Downstairs presents a blank canvas with future potential for additional utility space, storage or further improvements (STCA).

Adding exceptional value is the two-year-old granny flat featuring 2 bedrooms, 1 bathroom and its own private balcony, providing a highly desirable secondary dwelling for tenants and maximising rental income potential.

Rental appraisal:

Main dwelling: Between $650 - $670 per week
Granny flat: Between $500 - $520 per week

With an estimated combined rental return of up to $1,190 per week, this is an exceptional opportunity to secure a high-performing investment property with dual occupancy appeal in a strong rental market.

Land:

732m² / 0.18 acres

Parking:

2 garage spaces and 3 off street parks

Bedrooms:

5

Bathrooms:

2

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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