Dual-income duplex, $1,075 per week, leased into 2027

Positioned in a quiet Nikenbah court, 3 Ridge View Court presents an opportunity to secure an established dual-income investment, comprising two separate residences on a 701m² allotment.

With both residences currently leased into 2027, the property generates a combined rental income of $1,075 per week, equivalent to approximately $55,900 in annualised gross rental income at current rental rates.

Designed around practical, independent living, each residence offers its own kitchen, living and dining areas, covered outdoor entertaining space and single lock-up garage.

Unit 1 | Two-Bedroom Residence

Offering a practical, low-maintenance layout, this residence features:
- Two bedrooms
- Central bathroom
- Open-plan kitchen, living and dining area
- Covered outdoor entertaining area
- Single lock-up garage
- Currently leased at $480 per week until 20 May 2027

Unit 2 | Four-Bedroom Residence

The larger residence provides additional space and flexibility, with a separate family room complementing the main open-plan living and dining area.

Property features include:
- Four bedrooms, including main bedroom with walk-in robe and ensuite
- Main bathroom with bathtub and separate shower
- Open-plan kitchen, living and dining area
- Additional family living room
- Covered outdoor entertaining area measuring approximately 5.2m × 3.1m
- Single lock-up garage
- Currently leased at $595 per week until 17 September 2027

Investment Highlights:
- Two separate residences on a 701m² allotment
- Combined rental income of $1,075 per week
- Approximately $55,900 in annualised gross rental income
- Both residences leased into 2027
- Six bedrooms and three bathrooms across both residences (Includes one ensuite)
- Independent kitchens and living arrangements
- Additional family living area in the larger residence
- Covered outdoor entertaining areas for both residences
- Individual single lock-up garages
- Quiet court position
- Convenient access to local schools, shopping centres, medical facilities and Hervey Bay's major amenities

With two established tenancies, separate living arrangements and an existing rental income stream from each residence, 3 Ridge View Court presents an opportunity for investors seeking a dual-occupancy property in the Hervey Bay region.

The configuration may also appeal to buyers considering extended-family living or alternative occupancy arrangements in the future, subject to the existing tenancies and applicable approvals.

Contact us today for further information or to arrange your private inspection.

Features