Impeccable Investment and Excellent Location with a 6.4% Return

Double vision may not be an unusual prognosis, especially when an investment opportunity will duplicate your income. No, you do not have to adjust your screen. This property features two homes, two driveways, two carports, and two rental contracts. In fact, there is nothing to do but watch the rent come in. Both homes have leases still in effect with twelve months to go.

There are two things to ask yourself right now. Firstly, what was 2025 like for you? Secondly, how do you feel about your 2026 with these incomes already locked in? And, by all means, put the team here at Bay Island Property on your Christmas Card list moving forward.

Let’s step closer and have a look at what we have here. The homes are on a block of almost 580 m2. The land is in a quiet street, in a tranquil setting and close to everything (more on that in a moment). Each home has its own carport, with one having an awesome deck. Delights are reflected in fine aspects such as panelled ceilings of wood, which capture the eye wonderfully. Exceptional flooring, ceiling fans, and large tiled bathrooms all make for tidy living. Each home has a large bedroom with built-ins, air-conditioning, storage spaces and stylish kitchens. Modern lines and open spaces give identical freedom and open, breezy lifestyles. The yards are easy to maintain which, apart from everything else, makes life so much more pleasant for tenants and landlord alike.

Added pleasure for everyone concerned is being in an optimal location. There is a mix of enchantment with easy-living opportunities here, with all that is needed being so close. Driving to the shops is a two-minute jaunt, and can be more fun as a leisurely stroll. Exceptional dinners and live music are a ten-minute walk to our local RSL. One of the other favourite venues, the Russell Island Bowls Club, is no more than a four-minute drive and the clubs have courtesy buses too. Everything is within easy reach, plus being on an island with no pollution, traffic or other city hassles. Your investment, and tenants, belong to a safe and welcoming community which is second to none. Life, for everyone, really does not get better than this.

With so much on offer, this listing kicks off the new year with great anticipation.

• TWO x one bedroom homes, one block of land
• Dual rental contracts already in place; the perfect investment opportunity
• 579 m2 in a sought-after, convenient location
• Each home has open spaces and a modern design
• Panelled ceilings, wonderful flooring
• Ceiling fans
• Air-conditioning
• Plenty of storage spaces plus built-ins
• Low-maintenance properties
• Quiet street with privacy and close to natural bushland
• Walk to the shops in ten minutes, shops and clubs just down the road
• Easy access to ferries and the bay
• Unit A $320 per week and Unit B $360 per week
• Both tenants on long 12 month leases

The new year really is in full swing already, and the race is on for those who can see the road ahead. Call us today to be in the running.