If you're looking for an investment that combines a strong rental return, a secure tenant and low-density living, 1/4 Old Shoal Point Road, Bucasia deserves your attention.
Set within a quiet complex of just three properties, this well-presented three-bedroom, two-bathroom unit offers an excellent opportunity to add a solid-performing property to your portfolio. Best of all, the hard work is already done, with a secure tenant in place until June 2027 at $620 per week, providing immediate and dependable rental income from day one.
Inside, the home offers three well-sized bedrooms, two bathrooms and a comfortable living space designed for easy everyday living. Outside, the private, fully enclosed backyard provides a great space to relax or entertain, complemented by a lovely deck area.
Parking is well catered for with a single carport plus an additional car space, while the small complex provides a more private and manageable setting than many larger townhouse developments.
INVESTORS, TAKE NOTE
The numbers here are compelling. With the property currently returning $620 per week, equating to a gross rental yield of around 6%. With the tenancy securely in place until June 2027, the new owner can step straight into an established rental arrangement with no immediate leasing concerns.
There has also been a focus on recent improvements, helping provide peace of mind for the incoming owner. The property received a new roof in November 2025, including new guttering and downpipes, while the air conditioning is only approximately 12 months old. The showers have also been recently resealed, and further improvements to the fencing are scheduled to be completed by the end of 2026.
This is an opportunity to secure a property offering strong rental income, a secure tenant, recent improvements and low-density living in a popular Bucasia location, close to schools, shops and public transport.
Whether you're expanding your existing portfolio or looking for an investment with an established income stream and recent capital improvements already taken care of, this property is well worth a closer look.
Offers Over $499,000
This property is being sold by Openn Negotiation (Online campaign with flexible conditions). The campaign is underway, and the property could sell as soon as tomorrow. Contact Exclusive Agents Alex Finlayson on 0455 035 532 or Ashley Samuel on 0422 267 502 to become qualified or risk missing out.
(The seller reserves the right to sell prior. Register to watch the campaign at openn.com)
