Buy Before 10 August – Rare SMSF Opportunity with 2 Registered Lots, Dual Income & Future Development Potential
2 dwellings
2 registered plans
Easy subdivision potential
Potential for 4 dwellings (STCA)
Strong holding income while you plan your next move
Once this opportunity is gone, it’s gone!
Set across two already registered lots on a massive 810m² parcel, this high-yield property is a developer’s dream and a land-bank goldmine. Located in a proven subdivision pocket, the hard work of splitting the land is already done. Live in one and rent the other, land-bank the dual-income stream, or execute a strategic subdivision immediately. The choice is yours, but the owner’s motivation means you need to act fast!
Main House: fully renovated
– Brand-New Colourbond Roof: Providing long-term durability and peace of mind.
– All New Water Pipes: The main dwelling has been completely replumbed with new water pipes.
– Move-In Ready: No major works required-simply move in or start generating income immediately.
– Open-Plan Living: Featuring beautiful polished hardwood flooring, air-conditioning, and a ceiling fan.
– Newly Renovated Kitchen: A stylish, functional space with an electric cooktop, dishwasher, and ample storage, flowing into the dining area with durable vinyl flooring.
– Outdoor Living: Direct access from the dining hub to a private covered veranda-perfect for morning coffee.
– Bedrooms & Bath: Three sizeable bedrooms with ceiling fans; serviced by a freshly renovated bathroom with modern tiling and a sleek shower cubicle.
– Storage & Parking: Massive double lockup garage downstairs with dedicated laundry and additional storage space.
Modern Granny Flat: Near-New 2.5 Year Old Build
– Contemporary Living: A spacious, air-conditioned living and dining zone designed for low-maintenance comfort.
Full Kitchen: Equipped with an electric cooktop and plenty of cabinetry.
– Sizeable Bedrooms: Two bedrooms featuring ceiling fans and built-in robes with mirrored sliding doors.
– Total Privacy: Includes its own private yard and dedicated carport, ensuring complete separation from the main residence.
– Current tenant is paying $470 per week till 01/08/2026.
Strategic Development Opportunities
Option 1: Subdivide the two existing registered lots and sell them as separate assets.
Option 2: Subdivide and further develop by adding additional dwellings to each lot (e.g., front house + rear granny flat on both) to quadruple your income potential.
The Location Advantage: Situated in a pocket where neighbouring blocks have already successfully subdivided, providing a proven “blueprint” for your project.
Why Kingston? The Smart Choice for 2026
– Exceptional Returns: Kingston currently boasts some of the highest rental yields in Greater Brisbane, with dual-key properties leading the market.
– Strategic Transport Hub: The Kingston Station Precinct Upgrade is slashing commute times to the Brisbane CBD and Gold Coast.
– Near-Zero Vacancy: With vacancy rates sitting under 1%, this is a high-demand market with minimal risk of downtime.
– Olympic Growth Corridor: Located in the heart of the 2032 Olympic growth corridor, benefiting from the $1.2B Logan Hospital expansion.
Useful information:
Video walk-through is available upon request
Building and pest inspection report is available upon request
Logan City council rate including water: approximately $1590.08 per quarter
Ensure to attend the open home to avoid disappointment
Current market rental appraisal:
Main house (Vacant possession): $600-$630 per week
Granny flat: $490-$520 per week
Disclaimer:
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Eligible SMSF purchasers considering finance should obtain independent financial and legal advice regarding the current SMSF borrowing rules and applicable deadlines.
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Rowena Gill
Rowena Gill
Rowena Gill
