$925k+ 2 HOMES 1 TITLE
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38 Olympia Street, Marsden QLD 4132

House
624
Block size: 1015 m² approx.

2 HOMES ON 1 TITLE, DUAL INCOME - PRIME INVESTMENT!

Discover the perfect investment with two homes on one title, offering endless potential and positive cash flow. Currently tenanted for a combined $890 per week providing immediate positive cash flow & the opportunity to further increase this yield. Latest rental appraisal combined is $1020 per week.

No Body Corporate: Enjoy the benefits of one set of rates with no additional fees & potential to further split the titles into two. Both Properties have their own separate electricity and water meters also.

Home 1 (38): A charming 3-bedroom, 1-bathroom highset home at the front offering air con, raked ceilings in the living room, modern kitchen and a spacious fully fenced backyard. Downstairs boasts a storage room, 2 car garage downstairs along with carport on the right hand side! 38 Olympia: Tenanted until August 2024 $470 PW.

Home 2 (38A): A beautifully renovated lowset 3-bedroom all with built ins, 1-bathroom home at the rear with its own carport and driveway access, large patio overlooking the expansive backyard and modern finishes throughout. The home offers ceiling fans, air con, modern tiles, fresh carpets to the bedrooms, large modern kitchen and euro style laundry within the bathroom. 38a Olympia: Tenanted until October 2024. $420 PW.

With build costs rising & subdivision applications chewing up time, secure this ready to go dual income property today. Situated in a high growth area, located just minutes from everything!

LOCATION HIGHLIGHTS:
800m walk to Brandon Park, Marsden
2km to Home & Co Shopping Centre, Marsden
2.2km drive to Marsden State School
3.5km drive to Marsden State High School
5.7km to Logan Motorway, Kingston
8.3km drive to Grand Plaza
32km to Brisbane CBD

Contact the Rebecca Cuderman Team today for more information and to arrange a viewing.

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Rebecca Cuderman to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
6
Bathrooms:
2
Garage Spaces:
4
Property type:
House
Block Size:
1015 *

Other Details

Lot:
501
Plan Type:
RP
Plan:
137509
Legal description:
501/RP137509
Ray White Marsden

Maps and area information

Block information
Block size: 1015 (approx)
Legal description: 501/RP137509
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
26 Aug 2015
Sold
Ray White Marsden
Listed: 05/06/2015
Transfer type: Full transfer

Marsden suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
31 years
Population
14,795
Listing ID: 182530089. This listing has been viewed 3 times. It was first displayed on 16/05/2024 and last updated on 31/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.