40 Phoebe Way, Gleneagle is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2016. The property has a land size of 715m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Investor Opportunity! Two Duplex Units on One Block with Dual Road Access!
Perfect for Self-Managed Super Funds (SMSF)
This incredible duplex complex located in Gleneagle is the ultimate investment opportunity for savvy investors and those looking to add to their self-managed super funds.
Featuring a total of 6 bedrooms and 4 bathrooms, this corner block property offers the perfect combination of convenience and security. With only one set of rates to manage, you can maximize your investment returns. Currently returning $740 per week.
Each unit has three bedrooms and two bathrooms with the master bedroom ensuited, all complete with fans, vertical blinds, built-in robes. The units have a combination of tiles in high traffic areas and carpets in the bedrooms, offering a modern and low-maintenance living solution.
Additional features include a double lock-up garage with remote access, Laundries in the garage area, fully fenced yards for safety and security, a garden locker for extra storage, electric hot water supply, and side gate access.
For your comfort, each unit is equipped with reverse cycle air conditioning, rendered brick exterior & Colourbond roof for a sleek and modern look. Fly screens are installed throughout, allowing for fresh air circulation while keeping pesky insects out.
The kitchen in each unit features a breakfast bar, electric oven, electric cooktop, rangehood, and dishwasher. The open plan lounge and kitchen/dining areas provide a spacious and comfortable living environment for tenants.
Other features of this unit include a patio for outdoor entertainment & reverse cycle air conditioning.
Investors take note:
Annabelle $380pw lease ends 14/10/24
Phoebe $380 pw lease ends 15/4/24
The owner advises that the properties are individually water metered and the tenants pay for water usage.
Rates Approx $4220 per annum
Don't miss out on this incredible investment opportunity! With tenants already in place and the potential for great rental returns, these duplex units offer the perfect investment for investors and self-managed super funds. Contact us now to secure your future!
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
The size of Gleneagle is approximately 31.2 square kilometres. It has 3 parks covering nearly 1.0% of total area. The population of Gleneagle in 2016 was 1877 people. By 2021 the population was 2106 showing a population growth of 12.2% in the area during that time. The predominant age group in Gleneagle is 10-19 years. Households in Gleneagle are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gleneagle work in a trades occupation.In 2021, 63.20% of the homes in Gleneagle were owner-occupied compared with 66.20% in 2016.
Gleneagle has 1,531 properties. Over the last 5 years, Houses in Gleneagle have seen a 96.80% increase in median value, while Units have seen a 122.75% increase. As at 31 December 2025:
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