165 Albert Street, Cranbrook, Qld 4814

OFFERS OVER $800,000

Duplex/Semi-detached
Type
4
Bedrooms
2
Bathrooms
2
Parkings
1,190 m²
Area

Published on Tuesday, May 12, 2026 ( See property details for 165 Albert Street, Cranbrook, Qld 4814)

OFFERS OVER $800,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile duplex on a large corner block offering immediate rental income and future development potential in a highly sought-after Cranbrook location.

🏡 Property Highlights

  • Generous 1,190m² corner block with development potential (STCA)
  • Two fully tenanted 2-bedroom units generating $860 per week
  • Immediate income stream with new leases in place
  • Expansive backyard suitable for future expansion or development
  • Prime location close to schools, parks, retail centres, and cafes
  • Strong investment opportunity with long-term growth prospects

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Internal Laundry
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Single Storey
  • Waterfront / Views
  • Pet-Friendly
  • Ensuite
  • Dishwasher

Cranbrook is a vibrant suburb renowned for its family-friendly environment, excellent schools, and abundant parks. Its convenient proximity to shopping centres, cafes, and recreational facilities makes it highly desirable for tenants and investors alike. The area offers a strong community vibe with easy access to transport links, ensuring a comfortable lifestyle. With ongoing growth and development, Cranbrook presents a promising opportunity for long-term capital appreciation.

What is the current rental income and potential for future rent increases?
The property currently generates a combined rental income of $860 per week, with new leases already in place, providing a stable income stream and potential for future rent growth.
Are there any planning or development restrictions on the property?
The expansive backyard offers scope for further development or expansion (STCA), but prospective buyers should consult local council regulations for specific planning restrictions.
What are the ongoing costs associated with owning this duplex?
Ongoing costs may include council rates, insurance, maintenance, and property management fees. Buyers should seek detailed financial advice for precise budgeting.
Is the property suitable for future renovations or extensions?
Yes, the large backyard provides exciting scope for further development or expansion, subject to council approval.
What amenities and services are nearby?
The property is conveniently located close to schools, parks, retail centres, cafes, and dining options, ensuring a highly desirable lifestyle for tenants.
Are there any existing zoning restrictions or easements that could affect future development plans? Has the property been inspected for structural issues or pests? Are there any upcoming planning or infrastructure projects in the area that could impact the property? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in this area? Are there any hidden costs associated with the property's current condition or future development potential? Has the property been compliant with all local building codes and regulations? Are there any restrictions on renting or leasing the property? What are the terms of the current leases, and are there any upcoming lease expirations? Is there any ongoing or planned construction nearby that could affect the property's value or livability?

165 Albert Street, Cranbrook, Qld 4814 - More Details

OFFERS OVER $800,000

Type
Duplex/Semi-detached
Bedrooms
4
Bathrooms
2
Parkings
2
Area
1,190 m²

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