1 & 2/17 Erneton Street

Newmarket QLD 4051

Apartment

Currently for sale - view listing

Overview

Investment Opportunity Two Units on One Title - Dual Income

Perfectly positioned just minutes from Newmarket Village, public transport, and local amenities, this boutique complex presents a rare and unique opportunity. On offer are two fully self-contained, one-bedroom units on a single title-allowing you to secure a dual-income stream with only one set of rates and body corporate fees. Built in 2011, this low-maintenance asset is tailor-made for the astute investor. Situated just 5km from the Brisbane CBD, it promises low vacancy rates, solid rental returns, and long-term security in a highly sought-after suburb. Features include: - 2 x 1 bedroom, 1 bathroom units Side-by-side apartments on a single lot - Galley-style kitchens including fridge and microwave - Air-conditioned living rooms Built-in storage included - Internal laundry Washing machine and dryer in the bathrooms - Private balconies Direct access off the bedrooms - Built-in wardrobe, study desk, and ceiling fan - 1 allocated car space - One title - Pay only one set of rates and body corporate fees - Low vacancy rates - Estimated rental return $37,440 pa - Body Corporate $1135.00 approx./qtr - Prime location - Walking distance to shops, restaurants, cinema and public transport - Low maintenance investment Tenancy details: - Unit 1 - $330.00 per week - Unit 2 Being listed for rent at $390.00 per week Investment opportunities like this rarely come along. The minimal vacancy rate in this complex over the past 15 years is a direct testament to its unbeatable lifestyle appeal. Occupants love the immediate proximity to local shops, restaurants, cinemas, and public transport, alongside the short, effortless commute to the Brisbane CBD and local universities.