7 Maynard Street, Walkervale, Qld 4670

O/A $749,000

Duplex Semi-detached
Type
5
Bedrooms
2
Bathrooms
2
Parkings
1,487 m²
Area

Published on Saturday, May 02, 2026 ( See property details for 7 Maynard Street, Walkervale, Qld 4670)

O/A $749,000

Daniel KristyLee Anderson Owner - Principal / Sales & Marketing Agents
Tia Edwards Sales Agent | Buyer Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-income property on a large 1,487sqm block in central Walkervale, offering immediate rental income and future development potential.

🏡 Property Highlights

  • Massive 1,487 sqm allotment with future development potential (STCA)
  • Dual income producing property with separate dwellings
  • Long-term tenants in place with strong rental income
  • Flexible living options with a spacious four-bedroom home and a separate one-bedroom dwelling
  • Excellent location just minutes from major amenities and conveniences
  • Potential to increase rental returns and capitalise on development upside

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Garage / Secure Parking

Walkervale is a highly sought-after suburb known for its convenient location, excellent amenities, and strong rental demand. Residents enjoy easy access to shopping centres, schools, sporting facilities, and healthcare services. The area offers a vibrant community atmosphere with ongoing development and growth opportunities, making it ideal for investors and families alike.

What is the current rental income and potential for future rent increases?
The property currently generates a combined weekly rental income of $660, with potential to increase to $800-$850 per week based on market demand and improvements.
Are there any development restrictions or zoning considerations for the large 1,487sqm allotment?
Development potential is subject to council approval (STCA), and prospective buyers should verify zoning and planning regulations with the local council.
What are the ongoing costs associated with the property?
Approximate council rates are $2,900 per half year, excluding water consumption. Both residences are separately metered, which can help manage utility costs.
Are there any known issues or defects with the property?
The property is smoke alarm compliant and well-maintained; however, buyers are encouraged to conduct their own inspections for a comprehensive assessment.
Is the property suitable for future expansion or renovation?
Yes, the large allotment and development potential (STCA) make it suitable for expansion or future development projects.
Are there any easements, covenants, or zoning restrictions affecting the property's development potential? Has the property been affected by flooding or bushfire risks in the area? Are there any upcoming planning or construction projects nearby that could impact the property? What are the terms of the current lease agreements, and are there any upcoming lease expirations? Are there any strata or body corporate considerations, or is the property freehold? What are the total ongoing costs, including council rates, water, and maintenance? Are there any hidden costs associated with future development or renovations? Is there any history of structural issues or repairs needed for either residence? Are there any restrictions on subdividing or further developing the land? What is the history of the property's compliance with local building and safety regulations?

7 Maynard Street, Walkervale, Qld 4670 - More Details

O/A $749,000

Type
Duplex Semi-detached
Bedrooms
5
Bathrooms
2
Parkings
2
Area
1,487 m²
Study
1

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