SoldSep 12, 2025

42 Seagrass Street, Deception Bay, QLD, 4508

$830,000

4
3
2
176 m²
293 m²

Other

21 days on the market

Sold: Sep 12, 2025

What's around 42 Seagrass Street

Modern Co-Living Investment Opportunity - $44k Return | 5.7% Gross Yield

Just 2 years old, this modern, light-filled co-living home offers a rare opportunity to secure a high-performing investment in Brisbane's Northside. Purpose-built for co-living, it combines contemporary design with proven income - delivering $44,000 in rental returns over the past 12 months. Co-Living Advantages • ~5.7% gross yield based on $780,000 sale price • Each of the 3 bedrooms features a private ensuite and lockable door with a fourth bedroom used as a media room • Multiple income streams across three leases - boosting returns and minimising risk • Includes a $20,000 furniture package, fully set up for tenants • Co-Living provides greater levels of depreciation Property Features • 3 ensuite bedrooms designed for co-living with an extra fourth bedroom • Modern build, only 2 years old • High ceilings and large windows create a bright, airy atmosphere • Wide 10.8m street frontage on a 293sqm block • Double garage plus additional off-street parking • Contemporary kitchen with stone benchtops, stainless steel appliances and ample storage • Full Solar Panels / NBN Connected • Low-maintenance interiors with air-conditioning and ceiling fans • Outdoor entertaining area and fenced yard for communal living Location Highlights • Minutes to Deception Bay waterfront, parks and walkways • North Lakes shopping, dining and lifestyle precinct just 10 minutes away • Easy Bruce Highway access to Brisbane CBD and Sunshine Coast • Close to schools, public transport and major employment hubs With a proven $44,000 annual income, near-new build quality and a ready-to-go furniture package, this home represents one of the most compelling set-and-forget co-living investments on the market today. Contact Kellie Hobbs today to arrange your inspection. **Disclaimer:** Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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