22 Formosa Street, Hidden Valley
Listing data updated 3 Aug 2026
4 bed3 bath4 car508 m² land
- What if your next home could do more than simply give you a place to live? What if it could help pay your mortgage, create financial freedom, support your family, generate long-term wealth and adapt as your life changes? Welcome to Milano—CJ Homes' latest housing innovation that's redefining the way Australians think about home ownership. - This isn't a duplex. - It's not dual occupancy. - It's not a townhouse. It's something entirely different. Milano has been purposefully designed as an Auxiliary Home—a single home with one title, one building approval and one rates notice, while cleverly incorporating two fully self-contained residences under the one roof. It's a fresh approach to modern living that delivers flexibility, affordability and opportunity without the complexity of traditional dual-living developments. Designed and constructed for the Way Australians Live Today Life doesn't stand still—so why should your home? Whether you're purchasing your first home, planning for retirement, supporting ageing parents, giving adult children their own independence, sharing ownership with family or simply looking for a smarter investment, Milano has been designed to evolve with your lifestyle. One decision today could create opportunities for decades to come. This is a home that grows with you. Your Opportunity Begins Here Located in the sought-after Pines Estate, Yeppoon, Lot 1314 offers the perfect foundation for this exciting new home concept. • Registered 508m² allotment • Wide 15-metre frontage • Level homesite ready for construction • Land available from $315,000 Even better, because the land is purchased before construction commences, stamp duty is only payable on the land value—estimated at approximately $8,225 creating an immediate saving compared to purchasing an established home. Once your land settles, CJ Homes takes care of the rest, we have already completed the home design, the site plan, electrical and provided the best of inclusions to deliver a premium turnkey Auxiliary Home ready for you to move in on completion providing the perfect ingredients to provide an opportunity. Meet Milano From the street, Milano presents as one beautifully designed contemporary residence. Step inside and you'll discover something truly remarkable. The home has been intelligently divided into two completely independent living spaces, each with its own entrance, garage, outdoor entertaining area and complete kitchen. Residence One Your primary residence includes: • Two generous bedrooms • Private ensuite to the master bedroom • Main bathroom • Designer kitchen • Spacious open-plan living and dining • Separate laundry • Single garage • Covered outdoor entertaining area Residence Two A fully self-contained second residence featuring: • Two bedrooms • Full-sized kitchen • Open-plan living • Bathroom • Separate laundry • Single garage • Private entrance • Outdoor patio Both homes offer privacy and independence while remaining together under one roof. It's clever. It's practical. It's unlike anything most buyers have seen before. One Home... So Many Opportunities Milano gives you the freedom to decide how your home works for you. You could: ✔ Live in one residence and rent the other. ✔ Purchase with parents, children or friends while enjoying your own private space. ✔ Create the perfect home for multigenerational living. ✔ Provide accommodation for ageing parents while maintaining everyone's independence. ✔ Establish a home business with separate living quarters. ✔ Lease both residences as an investment. Or simply enjoy knowing your home has the flexibility to change whenever life does. Turn Your Home Into an Income-Producing Asset Why should your home only be a place to live when it can also help build your financial future? Independent local property managers have estimated rental returns of approximately: Residence One $580–$620 per week Residence Two $580–$620 per week Together, Milano has the potential to generate an estimated $1,160–$1,240 per week in rental income. For owner-occupiers, renting one residence could substantially reduce mortgage repayments. For investors, both residences can be leased independently while still benefiting from the simplicity of owning a single titled property. It's a smarter approach to home ownership. Designed for Today... Ready for Tomorrow Great homes aren't just built for today. They're designed for the future. Milano has been thoughtfully engineered to provide incredible flexibility now while also meeting the design requirements associated with future multi-dwelling opportunities, should planning requirements or ownership objectives evolve over time. It's a home that doesn't limit your future—it expands it. Every Detail Has Been Considered Because Milano has been designed to support multiple living arrangements, we've gone well beyond our already comprehensive Full Turn Key specification. We've included a range of premium upgrades specifically developed to make shared living comfortable, practical and completely independent. These additional inclusions include: • Extended fencing creating separate private courtyard spaces • Second hot water system for uninterrupted supply to both residences • Additional split-system air conditioning to Residence Two • Complete second kitchen featuring Westinghouse 600mm oven, cooktop, rangehood and dishwasher • Second fully equipped laundry • Additional pathways providing independent access • Separate clothesline • Sub water meter to monitor individual water consumption • Sub electrical metering and internet connection provisions Every inclusion has been carefully selected to enhance privacy, improve functionality and provide complete flexibility for every possible living arrangement. More Than a Home... It's a New Way of Living Milano isn't simply another floor plan.It's an opportunity. An opportunity to own smarter. Invest smarter.Live smarter. Whether you're searching for greater affordability, stronger investment returns or a home that can adapt as your family grows and changes, Milano delivers possibilities that traditional homes simply can't offer. One Home. Two Residences. Endless Possibilities. This house and land package has been designed as a single home, designed to be delivered on one building approval as one home. The building has been designed to deliver as a House and Land package which creates opportunity to select and build based on a turn key, fixed price build. Purchase includes land purchase price, Builders contract with CJ Homes with scheduled construction payments as per the requirements of a HIA Builders contract Images provided are for reference only from previous CJ Homes constructions - please refer to final plans and inclusions for final finshes
RealistIQ deal score
Good value signal
69
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 22 Formosa Street, Hidden Valley before you inspect or make an offer.
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Estimate vs market price guide
Market price guide is $187,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $808,000 - $1,321,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,065,000
Market price guide$878,000
$808,000$1,321,00012-month Property Outlook
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Property features
Features detected from the listing details.
Comfort
Air conditioningEnsuite
Kitchen & utilities
DishwasherInternal laundryBroadband internet
Outdoor & building
Garden / courtyard
Security & access
Secure parking
Listing details
- Status
- $877,600
New home
Agent and agency
larger land
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