High financial performance investment property
Dual Living in the heart of Hervey Bay

Urraween

For Sale
Property Type: Duplex
6 Beds 3 Baths Approx 600 Square metres 2 car spaces

Rethink what one property can deliver.

Our Dual-key Investment Program helps investors build wealth through new homes that deliver two rental incomes from one property, in Queensland locations with strong tenant demand. We work with reputable builders and developers to source each opportunity, and we pass on many that don't meet our selection criteria.

Please see details below which includes a four-bedroom main home and a two-bedroom secondary home on one title, minutes from the Fraser Coast's beaches.

Property Details:

Turn-key fixed price package | Dual-key design
Unit 1: 4 bed | 2 bath | 1 car
Unit 2: 2 Bed | 1 bath | 1 car

Build size | 235 m2
Land size | 600 m2
Registers | Registered
Total price | $1,069,777

Rental est. | $1,220 per week
Vacancy rate | 1.8%
Yield | 5.93%

Please note: This is a house and land package, it is not yet built.

Urraween is one of Hervey Bay's busiest housing markets, with double-digit price growth over the past year and homes selling in under a month.

Urraween's typical house earns around 4.2% gross, while this Dual-key home is estimated at 5.9%–6.2%, because two homes earn more rent from one purchase.

With 170 sales in a year and homes selling in about 26 days, demand from buyers and tenants is strong, which supports occupancy and long-term value.
Investment is following the growth:

- Hervey Bay Airport: an $18 million terminal upgrade began in July 2026, lifting seating from under 200 to almost 500, due by the end of 2028.
- Hervey Bay Hospital: an expansion adding 35 overnight beds, inpatient and ICU services, a helipad and parking is under construction.
- Regional projects: the Queensland Government lists the Queensland Train Manufacturing Program, Bruce Highway upgrades including the Tiaro Bypass, and the Urangan Boat Harbour Master Plan among the region's major projects.

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 a Dual-key home?

- A Dual-key home looks like one house from the street but works as two investments.
- Two incomes, one title. A 4-bed and a 2-bed home leased separately, delivering stronger combined rent than a single tenancy.
- Reduced vacancy risk. If one home is vacant, the other keeps earning, so your cashflow is never at zero.
- New-build tax advantages. A bigger depreciation schedule than an established home, plus negative gearing benefits where they apply.
- Flexible options. Lease both, or live in one and lease the other to help offset your repayments.
- Turnkey and ready to build. Registered land and a full turnkey finish, so the homes are tenant-ready on completion.

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.

Why Meridien Invest?

We've worked with clients on their investment journeys since 2010, and we focus on relationships, not transactions.

- Exclusive opportunities through trusted relationships with reputable builders and developers
- Strict selection criteria: we only offer properties where tenant demand is strong
- A start-to-end program you can rely on, from selection through to settlement and beyond
- Our clients come back for more

Next steps

We believe Hervey Bay offers an excellent opportunity for investors looking for two incomes from one property, in a growing coastal region.

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

Video

Heating & Cooling

  • Air Conditioning

Outdoor Features

  • Fully Fenced
  • Remote Garage
  • Secure Parking

Indoor Features

  • Built-in Wardrobes
  • Dishwasher
  • Floorboards

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.