Perfectly positioned on a generous 769sqm parcel in a tightly held, waterfront pocket, this well-maintained family home presents an exceptional opportunity for investors seeking long-term stability in a premium location. Held as a successful investment since new by overseas owners, the property has been much loved and carefully maintained, now offered to the market due to changing circumstances.

Currently leased to long-term tenants who treat the home as their own, this is a true set-and-forget investment with strong rental appeal. The home is energy efficient with a 7.5kw solar system already in place, adding further value and reducing ongoing running costs.

Inside, the layout offers excellent separation of space. A light-filled open plan tiled kitchen and dining area is air-conditioned and flows seamlessly to the outdoor entertaining space, perfectly positioned to capture the outlook across the yard. A large formal lounge provides a second living zone, carpeted with a ceiling fan, alongside a further study nook ideal for working from home or additional flexibility.

Accommodation includes four well-sized bedrooms, all with fans, including a master bedroom complete with ensuite. Outdoors, the undercover patio overlooks the water and flows onto a very large grassed yard - one of the standout features of this home and rarely found at this price point.

Privately positioned in a quiet, established street, this is a solid investment in a high-demand location with strong long-term fundamentals and reliable tenancy already in place.

PROPERTY FEATURES

• Premium water position on a generous 769sqm block

• Strong investment property with long-term overseas ownership

• Currently tenanted with reliable long-term tenants in place

• Energy efficient with 7.5kW solar system installed

• Open plan tiled kitchen and dining area with air conditioning

• Kitchen and dining flow seamlessly to outdoor entertaining area

• Large formal lounge room with carpet, ceiling fan and additional study nook

• Four well-sized bedrooms, all with ceiling fans

• Master bedroom includes private ensuite and walk in robe

• Large undercover outdoor patio overlooking water and large grassed yard

• Private, quiet street in a tightly held location

• Rent $820pw with lease until 30/01/27

• Potential rent appraisal $1,000 to $1,100 pw

• Water Rates $2,049 (approx.)

• Council Rates $3,867.22 (approx.)

VARSITY LAKES:

Just 10 minutes drive to the beach, Varsity Lakes is a master-planned community designed around scenic Lake Orr. Families are drawn here for it's strong sense of community, expansive parklands and standout local schools and world famous Bond University.

The area offers fantastic infrastructure including shopping hubs like Treetops Shopping Centre and Christine Corner, plus major medical and transport access via Varsity Lakes Train Station. Residents also enjoy standout recreation, with top-tier sporting facilities and outdoor fitness zones.

Whether it's lifestyle, education or connectivity you value, Varsity Lakes has it all.

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.