38/40 Queensport RoadMurarrie QLD 4172
Property Details for 38/40 Queensport Rd, Murarrie
38/40 Queensport Rd, Murarrie is a 10 bedroom, 10 bathroom Unit with 4 parking spaces. The property has a land size of 810m2.
Last Listing description (August 2026)
An outstanding investment opportunity in a premier location, these two fully tenanted rooming houses present a rare chance to secure immediate income and long-term growth just 8km from the CBD.
Completed in 2019 and offered to the market for the first time, each modern freehold residence occupies its own 405sqm allotment on a separate title, providing the flexibility to purchase individually or together. Currently generating gross annual returns of $113,360 and $114,660 respectively, the properties offer a combined gross income of $228,020 per annum.
Thoughtfully designed for low-maintenance management and lasting tenant appeal, each residence comprises five self-contained units, with every occupant enjoying the privacy and convenience of a kitchenette, ensuite, wardrobe and balcony or patio.
Combining strong existing returns, quality construction and a prime position within 20 minutes of Brisbane city, Brisbane Airport and the bay, this is a compelling investment opportunity with exceptional income and enduring growth potential.
With the appeal extending to local amenities, the Gateway Motorway is easily accessible, and public transport is readily available with bus stops 160m away and Murarrie train station within 450m.
Recreation is within reach at the parkland, playgrounds, walking paths and bike tracks at Murarrie Reserve, and shopping and dining are nearby with Sonny's Cafe 240m away, Cannon Hill Plaza within 1.5km, and Westfield Carindale 5km from your door.
Each property features:
- Class 1B council approved rooming house completed in 2019
- Freehold with individual title on 405sqm allotment
- 5 units, each with kitchenette, ensuite, wardrobe and balcony/patio
- Communal kitchen, 2-car garage parking, low-maintenance with no lift
- Split system air-conditioning, ceiling fans, downlights
- 15kW solar system and 3 phase power
- Fully tenanted with annual rental income of $113,360 & $114,660 respectively
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 38/40 Queensport Rd, Murarrie, QLD 4172
- 14 Jul 2026Listed for Sale For Sale
Recent sales nearby
See more recent sales nearby
/assets/perm/5nrm7lpcsmi6nckxxhxzfjk7ni?signature=c9be240fed18a445cf243d9fea788137c48ee6345cf85d820bb6abdf10b55b92){kind=logo}
0
/assets/perm/zujq3crqbei63mu6dgfkpx6toi?signature=12ccc03ce40e26e203c1f1c093419adbcbbed07a821ce42c9e6fcea20ee70efe){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Murarrie 4172
The size of Murarrie is approximately 9.4 square kilometres. There are 18 parks, covering nearly 10.7% of the total area. The population of Murarrie in 2016 was 4303 people. By 2021 the population was 4946 showing a population growth of 14.9% in the area during that time. The predominant age group in Murarrie is 30-39 years. Households in Murarrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murarrie work in a professional occupation.In 2021, 62.30% of the homes in Murarrie were owner-occupied compared with 62.80% in 2016.
Murarrie has 2,666 properties. Over the last 5 years, Houses in Murarrie have seen a 78.20% increase in median value, while Units have seen a 92.28% increase. As at 30 June 2026:
- The median value for Houses in Murarrie is $1,413,130 while the median value for Units is $1,046,365.
- Houses have a median rent of $795 while Units have a median rent of $720.
Suburb Insights for Murarrie 4172
Market Insights
Murarrie Trends for Houses
N/A
N/A
View TrendN/A
N/A
Murarrie Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
