22/10 Geeba Street, SLACKS CREEK QLD 4127

  • 2
  • 2
Unit
Offers over $335,000

Location and Convenience

Investment Opportunity - Dual Income Asset

Unit - SLACKS CREEK QLD

A standout opportunity to secure a high-performing, dual-income asset, this spacious stand-alone duplex is one of the largest within the complex, offering approximately 115sqm under roof and designed for comfortable & independent living.

Privately positioned in a quiet, elevated setting within the sought-after Parkview Gardens complex, this stand-alone duplex enjoys a desirable northerly aspect and a pleasant outlook across the gazebo and leafy parkland surrounds.

Comprising of TWO fully self-contained units on a single title, the property delivers immediate returns with long-term tenants already in place, making it an ideal “set and forget” investment in a consistently high-demand sector.

Unit 43 – Offers generous single-level living (approx. 64sqm), featuring a spacious lounge that flows seamlessly to a covered balcony, a well-appointed kitchen with ample storage, and an open-plan living and dining zone. The bedroom includes a double sliding door cupboard and ceiling fan, while the ensuite bathroom is well-sized with provision for a washing machine. Carpeted flooring and security screens enhance comfort and peace of mind.

Unit 22 – is approx. 51sqm and presents a functional open-plan layout with kitchenette, neutral tones and timber-style flooring. It includes a spacious bedroom, bathroom with laundry provision, and enjoys a pleasant leafy outlook.

Residents in the Parkview Gardens complex benefit from a welcoming, social environment with access to shared facilities including a large communal room with kitchen and dining area, along with a separate lounge and games space-perfect for gatherings and activities.

Importantly, while residents must be over 55, ownership is not age-restricted-broadening the appeal for investors seeking a flexible and future-proof asset.

Key Features:
* Standalone duplex comprising two fully self-contained units
* Over 55’s complex
* Single title ownership – both units sold together
* Strong dual-income stream with long-term tenancies
* One of the largest duplexes in the complex (approx. 115sqm under roof)

Investment Snapshot:
* Body Corporate: approx. $1,860 per quarter
* Council Rates: approx. $909 per quarter
* Water Rates: approx. $748.57 per quarter
* Unit 43: $320 per week
* Unit 22: $300 per week
* Approx. 9.5% gross yield
* Approx. 5.4% net yield

A smart addition to any portfolio, this property combines strong returns, low-maintenance appeal and long-term growth potential in a tightly held community setting.

Contact Trish Breen on 0419 647 799 to arrange for an inspection … 48 hours notice is required due to the property being tenanted.

** Property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
** Please note: Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and /or furnishings depicted, item removal or photo editing for advertising purposes.

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