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Dundowran
| 6 Beds | 3 Baths | Approx 2000 Square metres | 2 car spaces |
This is an opportunity to acquire a new dual occupancy property with two potential rental streams, an indicative gross yield of 5%, on a large 2000m2 block all for one Turn-key price.
Property Details:
Turn-key fixed price package | Dual-key design with detached dwellings
Unit 1: 4 bed | 2 bath | 2 car
Unit 2: 2 Bed | 1 bath | 0 car
Build size | 285 m2
Land size | 2000 m2
Registers | Nov 2026
Total price | $1,254,980
Rental est. | $1,200 per week
Vacancy rate | 0.52%
Yield | 5%
Please note: This is a house and land package, it is not yet built.
Hervey Bay is emerging as a high-potential coastal investment market, driven by lifestyle migration, population growth, affordability, and increasing demand for flexible housing. With its coastal appeal, improving infrastructure, and strong rental fundamentals, the region is attracting a diverse range of residents. Dual-key properties are well suited to this evolving market, offering investors the opportunity for multiple income streams while meeting growing demand for adaptable living solutions.
The combination of regional affordability and rising rental demand makes it one of Queensland’s most attractive emerging markets for dual-income investment opportunities.
Why Dual Key?
• With standard dwellings now yielding under 4%, dual key properties are becoming increasingly attractive.
• Higher rental yields.
• They are in limited supply due to planning restrictions, which increases buyer demand and long-term investment potential.
Key Features:
• Suitable for 2 separate tenants under 2 separate leases
• Primary dwelling 4 bedrooms + Secondary dwelling 2 bedrooms.
• Both homes are completely private and self-contained, with their own entrances, kitchens, bathrooms, and living spaces.
• Looks like a standard house from the front.
Other key features include:
• Separate electricity and water metering.
• One set of council rates payable by the owner.
• A single lock-up garage for each unit.
• Separate letterboxes.
• Fire wall between dwellings and a dividing fence in the backyard.
Who Rents Dual Key Properties?
Dual key homes appeal to a wide range of tenants, including:
• Small families wanting affordability without compromising on space.
• Couples or singles looking for a private, self-contained unit.
• Extended families who wish to live close but independently.
• Investors seeking flexible leasing options (rent both units or live in one and rent the other).
Exit Strategy
Resale:
Typically, Dual keys command a higher sale price due to established rental returns, limited stock and attract investors seeking immediate dual income potential
Hold and refinance:
Investors can release equity through refinancing once the property has appreciated or rental income has been established. Perfect for long-term investors building a property portfolio or seeking liquidity for diversification.
About Meridien Invest:
For over 15 years, Meridien Group has been helping clients secure high-performing dual-key properties across Southeast QLD, NSW, Victoria, and Perth.
We look for property that will deliver an investment advantage to our clients with more yield and a positive growth outlook.
Dual-key Homes in prime growth corridors tick the investment advantage boxes. They consistently deliver strong rental returns and fill a void in the housing market with an affordable, 'right-size' solution that is always in demand.
Compliance:
At Meridien Invest, we carefully assess suitable sites, so our clients invest only where tenant demand is strong.
All aspects of the build meet or exceed Queensland building codes and local council planning requirements. The design aligns with energy efficiency standards, accessibility guidelines, and dual occupancy zoning conditions.
Not every council permits dual key homes. Each area has its own planning requirements, and the location must suit the product in terms of density and rental demand.
Need to know more?
Book a time to discuss how to Achieve More with Meridien Invest and plan your investment journey with one of our experienced investment consultants.
We are here to help
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| 5 beds | 3 baths | 2 car spaces |
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| 6 beds | 4 baths | 2 car spaces |
Disclaimer
Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.
Acknowledgement of Country
We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.