66 Waterfront Dr, Karalee is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 4000m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
OUTSTANDING VALUE For INVESTORS & OPPORTUNITY FOR DUAL LIVING FAMILIES
STRONG INVESTMENT OPPORTUNITY
IDEAL For BLENDED FAMILIES
Situated on a beautifully maintained acre of land (4000sqm) that borders a quiet, peaceful and accessible verge of the Brisbane River within the prestige River Retreat Estate. This property offers options for a unique investment or lifestyle opportunity. It is ideal for long term investment with strong yield and respectful tenants in place, also perfect for Dual Living conditions suitable for Large & Blended Families Or, you could live one side & rent the other with fantastic views and a semi-rural lifestyle.
The property is beautifully landscaped with plenty of open space with level areas for further infrastructure.
Located well above flood levels and within walking distance of Karalee State School & Early Learning Centres provides a lifestyle sought after by many but available to very few. This could well be your opportunity to secure an unparalleled lifestyle within a vibrant and growing community.
UNIT 1 Three Bed | Two Bath | One Car
Stylish & Modern with fans to all bedrooms
Fans and air-conditioned living area
Private outdoor entertaining area
Respectful Tenants on Lease until 9 June 2025 @ $460pw
Single garage with R/C and internal entry
UNIT 2 Two Bed | One Bath | One Car
Stylish and modern with fans to all bedrooms
Fan and air-conditioners to living area
Private outdoor entertaining area
Respectful Tenants on Lease until 5 June 2025 @ $400pw
Single garage with laundry
Extra Information:
Rates: $1240.25 per quarter
Water: $315.61
Combined Rental Yield: $860pw
LOCATION LOCATION:-
5 Mins* to Karalee Shopping Village with Coles & Woolworths supermarkets and a host of retail outlets, doctors, chemist, cafes, gyms and more
Walk or drive to Karalee State School, Kindergarten & Day Care
5 Mins* to local Brisbane River Boat Ramps
15 Mins* to Dinmore Station for Park & Ride to Brisbane CBD
15 Mins* to Ipswich CBD, UQ Ipswich Campus & more
25 Mins* to Indooroopilly Shopping Centre
Approximately =*
For further information or your welcomed inspection please call Rob & Gillian Dargusch at NGU Real Estate Karalee.
Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
The size of Karalee is approximately 15.6 square kilometres. It has 11 parks covering nearly 5.3% of total area. The population of Karalee in 2016 was 4352 people. By 2021 the population was 5521 showing a population growth of 26.9% in the area during that time. The predominant age group in Karalee is 40-49 years. Households in Karalee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karalee work in a professional occupation.In 2021, 84.90% of the homes in Karalee were owner-occupied compared with 86.80% in 2016.
Karalee has 2,260 properties. Over the last 5 years, Houses in Karalee have seen a 103.14% increase in median value, while Units have seen a 129.62% increase. As at 31 January 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.