7 Maynard St

Walkervale QLD 4670

1487 m²

Duplex Semi-Detached

Currently for sale - view listing

Overview

2 SEPARATE DWELLINGS ON 1,487m2 GROUNDS – THE ONE YOU’VE BEEN WAITING FOR!

Positioned in the heart of Walkervale, 7 Maynard Street presents an exceptional opportunity to secure a versatile investment offering multiple income streams, strong holding potential, and future development upside on a massive 1,487sqm allotment. Whether you're looking to expand your portfolio with a high-performing investment, land bank for the future, or secure a property with flexible living options, this property delivers outstanding value and endless potential. The property features a spacious four-bedroom residence at the front of the block, offering generous living proportions including two separate living areas plus a sunroom, ideal for long-term tenants or owner occupiers wanting extra space. At the rear is a separate one-bedroom dwelling, creating an additional income stream and enhancing the overall return on investment. Both residences are separately metered while remaining on a single title, allowing for simplified ownership with only one set of council rates. With Bundaberg’s rental market continuing to show strong demand, savvy investors will recognise the opportunity to further maximise rental returns and capitalise on the property's development potential (STCA). Property Features Include: - Massive 1,487 sqm allotment with future development potential (STCA) - Dual income producing property - Spacious four-bedroom home at the front of the property - Two separate living areas plus sunroom - Separate one-bedroom dwelling at rear - Individually metered residences - One council rates notice - Smoke alarm compliant - Excellent long-term tenants in place - Council Rates approx $2900 per half year (not including water consumption - Strong investment appeal with potential to increase returns - Offering a combined weekly rental income of $660.00 (Tenants in place have been there 10+ years) - Rent potential $800 to $850 p/w - 1/7 Maynard - Leased to Jul 2026 $390 p/w - 2/7 Maynard - Leased to Sep 2026 $270 p/w Perfectly positioned just minutes from major shopping centres, schools, sporting facilities, hospitals and everyday conveniences, this is a rare opportunity to secure a large parcel in a central Walkervale location with immediate income and long-term upside. Opportunities like this are becoming increasingly difficult to secure in today’s market. Current walk through video can be emailed upon request. Contact Daniel Anderson from Location Property Agents today to arrange your inspection or request further information. *Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. The floor plan included in this marketing material is for illustration purposes only, all measurements are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale.