1 Cassius Way, Ormeau, Qld 4208

Two self-contained homes. Two leases already in place. One title. Combined rent of $1,080/wk from day one.

Separate entries, no body corporate, one council rates notice. Dual keys in this suburb are thin on the ground at any size. On a block this large they almost never come up.

Built in 2018, it sits in the M1 corridor between Brisbane and the Gold Coast, where owner-occupiers and tenants are competing for the same stock and vacancy has been running under 1%. You are not buying a house and hoping it rents. You are buying two incomes, already signed, on land most dual keys never get.
The same floorplan sold just down the street on 570m². This one carries an extra 126m² underneath it.
Use it as a low-maintenance dual income, live in one and let the other service the loan, or keep family close with their own front door. Holding costs stay lean either way.

Unit 1

3 bedrooms
2 bathrooms
Single lock-up garage
Separate entrance
Leased until 09/08/2027 at $650/wk

Unit 2

1 bedroom
1 bathroom
Single lock-up garage
Separate entrance
Leased until 19/04/2027 at $430/wk

Location
Ormeau is the northern Gold Coast suburb investors actually want to hold. Median house values have been running double-digit annual growth, vacancy is tight, and the suburb sits on Exit 45 with Brisbane one way and the coast the other. Norfolk Village State School and Ormeau Woods State High are in zone. Ormeau Central, Norfolk Village shops and the tavern are close. Tenants stay because the amenity is easy and the motorway is minutes away.

Two leases, one title, nearly 700m². Contact Jackson Parr on 0420 857 277.

Disclaimer: Photos are of the property prior to the current tenancy for tenant privacy. Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves with any pertinent matters.