16 Sparenburg Street

Bellbird Park QLD 4300

Set on a 653sqm block in a modern, family-friendly estate, this property offers the perfect combination of location, rental potential, and future growth. With two separate, fully-tenanted units, you'll enjoy dual income streams, minimizing risk and maximizing return. Alternatively, live in one unit and rent out the other to help offset your mortgage the choice is yours!

Key Features:

** 653sqm block in an elevated position within a well-established, modern neighbourhood
** Dual-income potential with two separate tenants in place
** Option to live in one unit and rent out the other for added flexibility
** Recent strong rental growth in the area, ensuring continued high demand for tenants
** Outstanding capital growth potential driven by infrastructure and the upcoming 2032 Olympics in Brisbane

Why invest in Bellbird Park?

** Prime location just a short drive from shopping, schools, and public transport
** Close proximity to major roadways and employment hubs, offering ease of access for residents and tenants
** A rapidly growing suburb poised to benefit from long-term capital appreciation due to infrastructure developments leading up to the Brisbane 2032 Olympics

With the current strong rental returns, coupled with the exciting future growth prospects, this property represents an outstanding opportunity for savvy investors looking to build wealth with minimal hassle.

Don't miss out on this high-yield investment opportunity. Contact Richard today to schedule an inspection or for more information!

Accommodation Details:

Built in 2017

Unit 1
4 bedrooms (all with built ins & ceiling fans)
Main bedroom with ensuite and split system air conditioner
Family bathroom
Open plan living/dining/ kitchen with ceiling fan and split system air conditioner
Security screens and blinds throughout
Rear private covered patio
Great sized private, fully fenced, rear and side yard
Laundry facilities
Single lock up garage with remote controlled door and internal easy access.

Unit 2
1 bedroom with built in robe, ceiling fan and split system air conditioner
1 bathroom
Open plan living/dining/ kitchen with ceiling fan and split system air conditioner
Security screens and blinds throughout
Rear private covered patio
Great sized private, fully fenced yard
Laundry facilities
Single lock up garage with remote controlled door and internal easy access.

Income Details:
Both units are currently tenanted.
Total income of $830 per week.
Unit 1 has a new rent of $2,085.17 per month commencing 1/12/24 until 14/11/25.
Unit 2 is rented at $350 per week until 30/6/25. Rent last increased on 2/7/24.

Outgoings Details:
No Body Corporate Fees
Council Rates - $1,070 Per QTR
Water & Sewer Access - $233 Per QTR

Location Highlights:
Local Schools: Conveniently located just minutes from reputable schools like Augustine Heights St. Augusta and Bellbird Park State School.

Transport: Only a 5-minute drive to Springfield Central Train Station, providing easy access to the city and surrounding areas.

Shopping: Within minutes of Redbank Plains Town Square Shopping Centre and various local shops for all essential needs.

Additional Amenities: Just 5 minutes from the popular Orion Shopping Centre, offering a wide range of retail, dining, and entertainment options.

This prime location combines accessibility with convenience, making it ideal for tenants and attractive for investors looking to maximize appeal.

Investment opportunities of this quality and caliber don't last! Call Richard today for your welcome inspection!

Disclaimer:
Whilst every care is taken in the preparation of the information contained in this marketing, Place Karalee will not be held liable for any errors in typing or information. All interested parties should rely upon their own inquiries to determine whether this information is accurate.