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Back 29 Water St
Off Market

29 Water St

Nebo QLD 4742

6
4
6
314 m²
1015 m²
House
Last sold for $545,000
Russell TaylorRussell Taylor, last sold this property on 20 December 2025 after 57 days on market.

Overview

$727 pw Rental Income + Price Reduction

Welcome to 29 Water Street, Nebo - a feature-packed, fully furnished investment opportunity offering an impressive 418m² under roof, including carport and patio, and 314m² of internal living space. This spacious and modern home includes: 6 generous bedrooms 4 bathrooms 3 toilets 6 off-street car parks Currently leased to excellent long-term tenants until 11 August 2026, this property is returning a solid $727 per week in rental income. Based on comparable properties in the area, there's potential to increase rent to approximately $850 per week at lease renewal. The home is completely furnished from top to bottom - featuring: 32" TVs in all 6 bedrooms plus a 50" TV in the living room Beds and linen included Fridge, freezers, washing machines, cooking equipment, and much more! Every detail has been thought of, providing a true turnkey investment where everything is already in place. Outgoings are approximately $3,800 per year for council rates and $950 per year for water. Whether you're expanding your portfolio or looking for a set-and-forget investment, 29 Water Street, Nebo delivers impressive scale, strong returns, and outstanding value. Call now to secure this one-of-a-kind investment opportunity! Disclaimer: The agent does not give any warranty as to errors or omissions, if any, in these particulars. The provided information from the Vendor can be deemed reliable but not accurate. Any persons interested in the property should conduct their own research.

Features

6 bedrooms
4 bathrooms
6 carspaces
3 carport spaces
3 open car spaces
314 m² floor area
1015 m² lot size
House

Estimated Value

We need at least 3 similar 6 bedroom houses sold in Nebo over the last 12 months.

Property history for 29 Water St

2025
Sold
$545,000
Private Sale/Treaty on 20 Dec 2025 by Russell Taylor, of RE/MAX Select
2018
Rented
Undisclosed
Leased on 20 Mar 2018 by First National 360 Mackay

Happy sellers in Nebo

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

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

This is based on voluntary sentiment collected from 6 reviews in Nebo over the last 12 months.

Local market activity for 6 bedroom houses in Nebo

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Nebo

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Russell Taylor

Russell Taylor is a recommended agent for Nebo.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   5   (11 reviews)
  •  4 Reviews in Nebo
  •  4 Sales in Nebo
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Tegan Wild

Tegan Wild is a recommended agent for Nebo.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   4.9   (67 reviews)
  •  2 Reviews in Nebo
  •  1 Sale in Nebo
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Georgia Parker

Georgia Parker is a recommended agent for Nebo.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   4.9   (7 reviews)
  •  2 Reviews in Nebo
  •  1 Sale in Nebo
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Abbey Pollock

Abbey Pollock is a recommended agent for Nebo.  They have 7 local sales across the last 12 months.

  •  7 Sales in Nebo
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