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22/10 Geeba Street

Slacks Creek QLD 4127

2
2
Unit
Currently for sale - view listing

Overview

Investment Opportunity - Dual Income Asset

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.

Features

2 bedrooms
2 bathrooms
Unit

Happy sellers in Slacks Creek

97%
97% of sellers in Slacks Creek reported that their sale price either exceeded or met their price expectations.

Slacks Creek stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Slacks Creek over the last 12 months.

Local market activity for 2 bedroom units in Slacks Creek

In the last 12 months, 4 two-bedroom units similar to 22/10 Geeba Street, have been sold.

This represents a 20% increase in two-bedroom units sales when compared to the previous 12 months.

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