RentBetter Property ID: 379700 (quote when calling) Positioned in the established and well-connected suburb of Goodna, 74 Smiths Road presents a ready-made investment opportunity with a long-term tenant already in place until August 2028. Set on a generous 736m² fully fenced block, this solid 3-bedroom brick home offers immediate rental income, long-term tenancy security and future upside in a convenient location between Brisbane and Ipswich. Currently returning $520 per week, with the next rent review due in August 2026, this property is ideally suited to investors seeking a low-maintenance addition to their portfolio with income from settlement and lease certainty already secured. The home features an open-plan layout with a spacious combined lounge, dining and kitchen area, creating a practical and functional living space for tenants. The kitchen includes a large bench with seating, while the home also offers three generously sized bedrooms, a central bathroom with separate toilet, and car accommodation. Outdoors, the large backyard provides excellent usable space and future potential, with room to explore additional improvements such as a granny flat or secondary dwelling, subject to council approval. Located on a prominent main road position, the property enjoys easy access to local shops, schools, public transport and the Ipswich Motorway, connecting tenants and future occupants conveniently to both Brisbane and Ipswich. For investors, the appeal is clear: a tenant already secured, rent already coming in, a sizeable landholding, and exposure to an established suburb within a key western growth corridor. Investment Snapshot Current rent: $520 per week Lease expiry: August 2028 Next rent review: August 2026 Tenant already in place Land size: 736m² Home: Solid 3-bedroom brick residence Configuration: 3 bedrooms, 1 bathroom, separate toilet, car accommodation Price guide: Offers Over $800,000 Investor-focused sale — property is currently tenanted Property Highlights Long-term leased investment with tenant secured until August 2028 Immediate rental income from settlement Current return of $520 per week Next rent review due August 2026 Solid brick home in an established Goodna location Spacious open-plan lounge, dining and kitchen area Functional kitchen with large bench and seating Three generously sized bedrooms Bathroom with separate toilet Fully fenced 736m² block Large backyard with future improvement potential Scope to explore granny flat or secondary dwelling options, subject to council approval Convenient main road position Close to shops, schools, public transport and Ipswich Motorway access Well-positioned between Brisbane and Ipswich Whether you are expanding your portfolio, seeking a long-term hold, or looking for an investment with tenancy already secured, this property offers a compelling opportunity with income in place and future potential to explore. Please note: The property is currently tenanted, and inspections will be arranged in accordance with the tenancy requirements. Contact Steven for further details.
RealistIQ deal score
Watch value signal
49
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 74 Smiths Rd, Goodna before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $60,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $645,000 - $1,075,000Wider ranges mean more uncertainty.
RealistIQ estimate$860,000
Market price guide$800,000
$645,000$1,075,000
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