Oppourtunity is knocking for the savvy investor to purchase not one BUT two self-contained one-bedrooms units ... double the income! Tucked away in the quiet and well maintained Westminster House Over 55's Lifestyle Community complex, this unique property is a spacious stand-alone duplex that offers two self-contained units on one title and is a great opportunity for astute investors to jump into the strong performing Over 55's sector Each one-bedroom unit offers easy single-level living with a combined lounge and dining area designed for comfort and practicality. The well-appointed kitchenette adds both function and style, while the spacious ensuite enhances everyday convenience. The living area opens seamlessly to a private courtyard, creating an easy indoor-outdoor flow. The complex offers a range of shared community facilities, creating a welcoming and social atmosphere for gatherings and activities. Residents can enjoy a large communal room complete with kitchen, lounge and dining area, a covered outdoor entertainment area plus a communal laundry. Importantly, while residents must be over 55, ownership is not age-restricted-broadening the appeal for investors seeking a flexible and future-proof asset. Situated in a highly accessible and convenient location and close to shopping amenities, public transport options, health services, parks, and more. Key Features: * Stand-alone duplex with 2 one bedroom self-contained units on one title - sold together * Dual income asset * Ownership not age-restricted but residents must be over 55 * Open plan layouts with kitchenettes * Spacious bedrooms plus bathroom * Private courtyard for each unit * Access to shared communal facilities - lounge/dining area hub with kitchen and pool table, covered outdoor entertainment area and laundry * Ideal for investors - purchase and lease within a thriving over 55's community Additional Information: * Body corp approx. $1,687 per quarter * Long term tenants in place - June 2027 * Unit 38 tenanted at $320 per week * Unit 39 tenanted at $320 per week * Council Rates approx. $846 per quarter * Water charges approx $622 per quarter * Please note 48 hours notice required for all inspections A rare opportunity in the sought after Meadowbrook pocket to acquire a proven, low-risk dual-income asset in a consistently strong performing over 55's sector. Secure steady returns and long-term growth potential today. Contact Trish Breen 0419 647 799 to arrange your inspection today. Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and/or furnishings depicted, item removal or photo editing for advertising purposes.
RealistIQ deal score
Neutral value signal
43
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 37-38/12-14 Yeates Crescent, Meadowbrook before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $20,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $289,000 - $451,000Wider ranges mean more uncertainty.
RealistIQ estimate$370,000
Market price guide$350,000
$289,000$451,000
Before you inspect, check what similar properties actually sold for.
