Just a few houses to the beach and an easy stroll from the sand, this duplex pair combines the appeal of a Marcoola beachside address with two rental incomes and the flexibility of separate dwellings on one title. Set across 546m², it offers an established investment with scope for increased rental returns.
Comprising a three-bedroom front residence and a two-bedroom rear residence, the property currently generates a combined $1,200 per week, equating to $62,400 per annum. Both homes are leased into 2027, providing an established income stream from day one. The front residence features soaring raked ceilings and natural light, creating an inviting sense of space. A north facing private courtyard provides a quiet place to unwind, while a garage, storage and side access add everyday practicality. The rear residence offers two bedrooms, a renovated bathroom, separate toilet and a generous courtyard with room to relax and entertain. Three-car tandem parking complements the layout, bringing the property's total parking capacity to five vehicles.
Current rental appraisals indicate a combined potential return of $1,350 - $1,390 per week, or approximately $70,200 - $72,280 per annum, subject to market conditions and applicable rent increase requirements. Beyond its investment appeal, the configuration provides options for the future. Continue leasing both dwellings, accommodate extended family, or explore living in one while renting the other, subject to existing tenancies.
With Marcoola Beach, the Surf Club, local cafés and shops within walking distance, this is a property where lifestyle and investment appeal come together.
Rental Overview:
Unit A - (Front), three bedrooms: Currently $620 per week, with the lease ending 22 March 2027. Current rental appraisal: $700 - $720 per week.
Unit B - (Rear) two bedrooms: Currently $580 per week, with the lease ending 19 April 2027. Current rental appraisal: $650- $670 per week.
Combined current rental income: $62,400 per annum.
Combined appraised rental potential: $70,200- $72,280 per annum.
Features to Love:
- Two separate dwellings on one 546m² title
- Five bedrooms and two bathrooms across both residences
- Front residence with raked ceilings, private courtyard, garage and side access
- Rear residence with renovated bathroom, separate toilet and generous courtyard
- Five parking spaces overall
- Established tenancies with scope for future rental growth
Easy walk to the beach, Surf Club, cafés and local shops Contact Ben Thomson on 0447 057 651 for further information or to arrange an inspection.
Rental appraisals are estimates only and do not guarantee future returns. Annual figures are calculated over 52 weeks and exclude expenses and vacancy periods.
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
