Back 3/743 Trouts Road
Off Market

3/743 Trouts Road

Aspley QLD 4034

2
2
4
Unit
Joshua WatersJoshua Waters, last sold this property on 30 May 2025 after 17 days on market.

Overview

Cash Cow Duplex - 10%+ Return – Act Fast!

This is the perfect affordable investment for those seeking a high yielding property to add to their portfolio or Self-Managed Super Fund! This duplex property consists of 2 x 1 bedroom units (Units 5 and 6) on 1 title. The units offer private, low maintenance independent accommodation for over 60's. Set in beautiful garden surroundings, Units 5 and 6 each have 1 bedroom, 1 bathroom, a lounge and kitchenette. The duplex is currently fully leased to 2 long term tenants with a gross rental return of $630 per week, resulting in an amazing yield of 10%+. This is a freehold property under a body corporate, so unlike some other independent living options, there are no deferred management/departure/transfer or other hidden fees. With an ageing population and increased demand for community style independent living options, this duplex has been an exceptional investment for the current long term owner and provides a great opportunity for savvy investors to add to their portfolio or Self Managed Super Fund. Subject to the existing leases, there is also the option to buy it for a loved one, or downsize yourself and live in one unit and rent out the other. The property is ideally situated within close proximity to every service and amenity you could need. Aspley Hypermarket (Coles/Woolworths/Kmart/Aldi) is just 750m down the road and Westfield Chermside Shopping Centre is an 8 minute drive away. Express buses servicing the local area and City are also within walking distance. For further information or to arrange your inspection, please contact Joshua Waters.

Features

2 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
2 open car spaces
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Aspley over the last 12 months, the estimated median property value of 3/743 Trouts Road is $767.25k.

Median value
$767.25k
Estimated value range
$357k - $830k
Median days on market
40
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Aspley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/743 Trouts Road

2025
Sold
Undisclosed
Private Sale/Treaty on 30 May 2025 by Joshua Waters, of LJ Hooker Aspley/Chermside

Happy sellers in Aspley

92%
92% of sellers in Aspley reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 17 reviews in Aspley over the last 12 months.

Local market activity for 2 bedroom units in Aspley

In the last 12 months, 3 two-bedroom units similar to 3/743 Trouts Road, have been sold.

This represents a 40% increase in two-bedroom units sales when compared to the previous 12 months.

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