High financial performance investment property
Dual-living | 6.3% Leaseback Guarantee

Greenbank

For Sale
Property Type: Duplex
5 Beds 3 Baths Approx 335 Square metres 2 car spaces

Dual-key Home | With Self-contained Loft Apartment

Dual-key Homes meet the living needs of a changing market and deliver higher yields to investors.

Our latest Dual-key Home in Greenbank delivers cashflow and growth potential to investors, combining two self-contained residences and two rental income streams. Positioned in a high-growth location benefiting from major infrastructure investment, increasing demand, and ongoing population growth, this is an opportunity to secure an asset in an area where future value is being created today.

• 4 Bed, 2 Bath, 1 Car Main Residence + 1 Bed, 1 Bath, 1 Car Granny Flat/Loft Apartment
• 335 sqm Land | 256 sqm Build
• $1,269,615 Fixed price | Full turnkey
• 6.3% leaseback Guarantee for 2 years**

**I.e Thats $80,000 per year, for 2 years from completion, taking you until mid 2029. This timeframe aligns with the anticipated delivery of key infrastructure projects, which are expected to support improved amenity, ongoing area growth, and potential increases in tenant demand. **

Key Infrastructure and facilities underway or completed include:

- Everleigh AFL Precinct - completed
- Everleigh State Primary School - completed
- Everleigh Central Shopping Village - Opening Mid 2028
- Greenbank Shopping 14,000sqm expansion underway
- Education Queensland has acquired a 9.3hectare site on Ivory Parkway with plans to open a local high school after 2028

Greenbank residents are set to see their local shopping centre transformed with a redevelopment that will bring a Discount Department Store, a full-line supermarket, expanded retail space and new community amenities to the fast-growing area.

https://springfieldlakesnews.com.au/greenbank-redevelopment-to-deliver-supermarket-discount-department-store/

Amenities already close by:

• 4 km Greenbank Shopping Mall and Park Ridge Town Centre
• 5 km Greenbank Primary and secondary Schools
• 16 km Springfield CBD for Train Station, Hospital and Major retail
• 40 km Brisbane CBD

Smart design for easy living with spacious indoor and outdoor space plus storage and designer finishes and inclusions that create a true sense of home.

 Split System Air-Conditioning
 Duo Solar Package
 Ceiling fans to all Bedrooms and Living areas
 920mm wide Entry Door

Investor Benefits

• Optimised for New Tax Laws

 New Dwelling = Choice of 50% CGT discount
 Negative gearing benefits available
 Bigger depreciation schedule and tax claim

• High Demand

Dual-key Homes provide tenants with a right-sized home that meets their needs at a competitive rental price. Vacancy rates across all markets are at record lows and the affordability benefits delivered with Dual-key Homes ensures these homes will be highly sought after.

• Sticky Tenants

Finding an affordable living options is far from easy in today’s market. The affordability advantages of Dual-key Homes will result in tenants staying longer which means no income gaps, lower management costs and less wear and tear on the home.

• High Yield

Typical yields in the Greenbank area for 4-bedroom homes is around 3.5%. In-demand Dual-key Homes deliver more yield and higher investment returns.

Estimated Rental = $1250 - $1290 per week

Unit 1 - 4 Bed, 2 Bath, 1 Garage | $770 - $790 per week
Unit 2 - 1 Bed, 1 Bath, 1 Garage | $480 - $500 per week

Achieve More with Dual-Key Homes investment that delivers more rental yield.

Market Conditions

Investors looking for the right combination of yield and growth will find Greenbank an investment destination that ticks both boxes.

Rental Vacancy Rates 1.7%

Rental Growth 10%

Median House Price Growth

- Last quarter 3.7%
- 1 Year 12%
- 2 Years 10%

This is a confident market with quality homes selling quickly and with very little price discounting.

Stock on market is tight, and new land releases are limited.

The demand v supply balance works in the investors favour in Greenbank.

Astute investors are confidently moving to secure new homes at current pricing. The market imbalance of supply and demand across prime locations will see property prices rise steadily.

Contact the Meridien Invest team today and make your next investment move with confidence.

How to Proceed

1. The EOI Form

This is like a ‘contract order’. We get full buyer details, photo ID, conveyancing service, broker/lender details that are needed to create contracts.

2. Initial Deposit

Once the initial deposit is paid, the property is off the market for you. The initial deposit is refundable if the contract does not proceed.

3. Contracts Issued

We co-ordinate everything for you and ensure that the contract details are all correct when issued.

Need to Know More

Contact Emma or Sam, the Meridien Invest Dual-key Homes specialists and learn more about how you can achieve more from your investment program.

Video

Heating & Cooling

  • Air Conditioning
  • Split-System Air Conditioning

Outdoor Features

  • Fully Fenced
  • Remote Garage
  • Secure Parking

Indoor Features

  • Built-in Wardrobes
  • Dishwasher

Location

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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.