RentBetter Property ID: 379700 (quote when calling)
Positioned in the established and well-connected suburb of Goodna, 74 Smiths Road presents a ready-made investment opportunity with a long-term tenant already in place until August 2028.
Set on a generous 736m² fully fenced block, this solid 3-bedroom brick home offers immediate rental income, long-term tenancy security and future upside in a convenient location between Brisbane and Ipswich.
Currently returning $520 per week, with the next rent review due in August 2026, this property is ideally suited to investors seeking a low-maintenance addition to their portfolio with income from settlement and lease certainty already secured.
The home features an open-plan layout with a spacious combined lounge, dining and kitchen area, creating a practical and functional living space for tenants. The kitchen includes a large bench with seating, while the home also offers three generously sized bedrooms, a central bathroom with separate toilet, and car accommodation.
Outdoors, the large backyard provides excellent usable space and future potential, with room to explore additional improvements such as a granny flat or secondary dwelling, subject to council approval.
Located on a prominent main road position, the property enjoys easy access to local shops, schools, public transport and the Ipswich Motorway, connecting tenants and future occupants conveniently to both Brisbane and Ipswich.
For investors, the appeal is clear: a tenant already secured, rent already coming in, a sizeable landholding, and exposure to an established suburb within a key western growth corridor.
Investment Snapshot
Current rent: $520 per week
Lease expiry: August 2028
Next rent review: August 2026
Tenant already in place
Land size: 736m²
Home: Solid 3-bedroom brick residence
Configuration: 3 bedrooms, 1 bathroom, separate toilet, car accommodation
Price guide: Offers Over $800,000
Investor-focused sale property is currently tenanted
Property Highlights
Long-term leased investment with tenant secured until August 2028
Immediate rental income from settlement
Current return of $520 per week
Next rent review due August 2026
Solid brick home in an established Goodna location
Spacious open-plan lounge, dining and kitchen area
Functional kitchen with large bench and seating
Three generously sized bedrooms
Bathroom with separate toilet
Fully fenced 736m² block
Large backyard with future improvement potential
Scope to explore granny flat or secondary dwelling options, subject to council approval
Convenient main road position
Close to shops, schools, public transport and Ipswich Motorway access
Well-positioned between Brisbane and Ipswich
Whether you are expanding your portfolio, seeking a long-term hold, or looking for an investment with tenancy already secured, this property offers a compelling opportunity with income in place and future potential to explore.
Please note: The property is currently tenanted, and inspections will be arranged in accordance with the tenancy requirements.
Contact Steven for further details.