1 Franks St, Heatley is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 597m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Dual-Income Investment Opportunity Secure, Central & Renovated
Introducing an outstanding duplex investment in the heart of Heatley! This single-titled, fully tenanted property comprises two well-appointed 2-bedroom units, each with their own private access, yard space, and car accommodation making it the perfect set-and-forget asset for savvy investors.
Location Highlights:
Each Unit Features:
- 2 spacious bedrooms with built-in wardrobes, air conditioning & ceiling fans
- Renovated kitchen with modern appliances & generous storage
- Open-plan living and dining area
- Stylish, fully renovated bathroom with floor-to-ceiling tiles & designer vanity
- Separate internal laundry
- Private yard space with side access
- Single car accommodation
Investment Snapshot:
UNIT 1: Tenanted at $370/week
UNIT 2: Tenanted at $370/week
TOTAL INCOME: $740/week
Attractive gross rental yield A rare opportunity for secure dual-income returns!
Whether you're a seasoned investor or just starting your portfolio, 1 Frank Street, Heatley is a high-performing property that combines immediate income with long-term potential.
Act now! Duplexes of this quality, location, and yield don't stay on the market long. Contact us today to arrange a private inspection or request a full investment breakdown.
The size of Heatley is approximately 2.0 square kilometres. There are 2 parks, covering nearly 6.7% of the total area. The population of Heatley in 2016 was 4038 people. By 2021 the population was 3907 showing a population decline of 3.2% in the area during that time. The predominant age group in Heatley is 10-19 years. Households in Heatley are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Heatley work in a trades occupation.In 2021, 61.20% of the homes in Heatley were owner-occupied compared with 58.90% in 2016.
Heatley has 1,782 properties. Over the last 5 years, Houses in Heatley have seen a 136.55% increase in median value, while Units have seen a 148.69% increase. As at 30 June 2026:
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