If you've been searching for an investment property that delivers immediate rental income, an established tenancy and excellent value, this is one you'll want to put at the top of your inspection list!
Positioned in a boutique complex of just three properties, 1/4 Old Shoal Point Road, Bucasia presents an appealing opportunity to secure a low-maintenance investment with plenty already working in your favour.
Currently returning $620 per week, with a secure tenant in place until June 2027, this property offers an attractive gross rental yield of approximately 6%, allowing the next owner to enjoy an established income stream from day one, without the hassle of finding a tenant.
Inside, the property offers three generously sized bedrooms, two bathrooms and comfortable living spaces designed for easy, low-maintenance living. Step outside and you'll find a fully enclosed backyard with a lovely deck area, providing a welcome outdoor space to relax and unwind.
With a single carport plus an additional off-street parking space, and the added appeal of a small, low-density complex, this property offers a more manageable investment than many larger townhouse developments.
WHY THIS INVESTMENT DESERVES YOUR ATTENTION:
• Currently returning $620 per week
• Approximately 6% gross rental yield
• Secure tenancy in place until June 2027
• Three bedrooms and two bathrooms
• Private, fully enclosed backyard with deck
• Single carport plus additional car space
• Boutique complex of only three properties
• New roof installed November 2025, including guttering and downpipes
• Air conditioning approximately 12 months old
• Showers recently resealed
• Further fencing improvements scheduled for completion by the end of 2026
The recent improvements are another big tick, with the new roof, updated air conditioning and shower resealing already taken care of, helping reduce the likelihood of immediate maintenance expenses for the incoming owner.
Conveniently located in popular Bucasia, close to local schools, shopping facilities and public transport, this is an opportunity to secure a well-positioned investment with an established rental income and a number of valuable improvements already completed.
Whether you're adding to an existing portfolio or taking the next step into property investment, this is a property that deserves your attention.
Properties offering an established tenant, approximately 6% gross return and recent capital improvements are well worth a closer look. Don't leave this one on your shortlist for too long - arrange your inspection and see the opportunity for yourself!
Offers Over $455,000
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)
