10 Waterway Crescent, Hillcrest, Qld 4118

$1,160,000

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings
380 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 10 Waterway Crescent, Hillcrest, Qld 4118)

$1,160,000

Jarryd Fisher Principal / Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern dual occupancy investment property in Hillcrest offering strong rental returns and low maintenance living.

🏡 Property Highlights

  • Dual occupancy with two fully leased semi-detached residences
  • Strong combined rental income of $1,055 per week
  • Modern design with air conditioning and ceiling fans throughout
  • Low-maintenance, fully fenced yards for both units
  • Excellent investment opportunity with reliable tenants in place
  • Prime location just 45 minutes from Brisbane and 40 minutes to Gold Coast beaches

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Floorboards
  • Ceiling Fans
  • Fully Fenced Yard
  • Electric Stove Top

Hillcrest is a growing, family-friendly suburb in Logan City, offering excellent access to Brisbane and Gold Coast, with nearby parks, schools, and shopping centres. Its ongoing development and rising demand make it an attractive area for long-term property investment. The community atmosphere and strong amenities support a balanced lifestyle for residents. With a focus on family living and convenience, Hillcrest continues to attract both homeowners and investors seeking value and growth. The suburb’s strategic location and development prospects ensure sustained property appreciation and rental demand.

What is the current rental yield for this dual occupancy property?
The property generates a combined rental income of $1,055 per week, providing a strong and reliable yield for investors.
Are there any ongoing maintenance or management costs?
As a low-maintenance property with fully fenced yards and modern fixtures, ongoing costs are minimal, primarily including standard upkeep and management fees if applicable.
What are the zoning and planning regulations for this property?
The property is situated in a residential zone within Hillcrest, with no current restrictions on dual occupancy or development; however, prospective buyers should verify with local council for specific planning regulations.
Is the property suitable for long-term capital growth?
Yes, Hillcrest’s ongoing development, increasing demand, and proximity to major transport routes support strong potential for long-term capital appreciation.
What amenities are nearby?
The property is close to parks, schools, shopping centres, and community facilities, providing a convenient and family-friendly environment.
Are there any upcoming planning or development applications in the area that could affect the property's value or living environment? Are there any easements, covenants, or zoning restrictions that could limit future modifications or extensions? Has the property been inspected for structural issues, pests, or other defects? Are there any strata or body corporate fees applicable to the property? Is there any history of flooding or bushfire risk in the area? Are there any planned infrastructure projects or construction activities nearby that could cause noise or disruption? What are the total ongoing costs, including council rates, water, and management fees? Are there any restrictions on pet ownership within the property or community? Is the property compliant with all current building and safety standards? What is the history of rental occupancy and tenant stability for both units?

10 Waterway Crescent, Hillcrest, Qld 4118 - More Details

$1,160,000

If you are looking to begin your investment journey or add a strong performer to your portfolio, 10 Waterway Crescent, Hillcrest presents an outstanding opportunity. Positioned on a 380sqm block, this modern dual occupancy property features two semi detached residences, offering a low maintenance investment with strong and consistent returns.

Generating a combined rental income of $1,055 per week, the property is already delivering excellent yield with reliable tenants in place, making it an ideal set and forget investment.

Both residences are currently tenanted, with the three bedroom unit leased at $580 per week until October 2026 and the two bedroom unit leased at $475 per week until October 2026.

Motivated sellers have provided clear instructions to bring this property to market and achieve a result. For more information or to arrange an inspection, please call Jarryd on 0421 244 777 or Maisie on 0499 987 487.

Unit 1 -
* Three spacious bedrooms.
* Main bedroom with air - conditioning, ensuite bathroom and built in wardrobe.
* Remaining three bedrooms all with built in wardrobes.
* Air-conditioning in main tiled living area.
* Ceiling fans throughout.
* Open plan kitchen & dining area.
* Stainless steel appliances incl. dishwasher, electric stove top and electrical oven.
* Floor boards to main living areas and carpet to bedrooms.
* Separate laundry.
* Electric double lock up garage.
* Outside entertainment area, perfect for get-together & family BBQ's.
* Fully fenced yard.
* Within 45 minutes of Brisbane and 40 min to the beaches of the Gold Coast.

Unit 2 -
* Two spacious bedrooms.
* Bedrooms have built in wardrobes
* Master bedroom with doors that lead out to the alfresco.
* Air-conditioning in main tiled living area.
* Ceiling fans throughout.
* Open plan kitchen & dining area.
* Stainless steel appliances incl. dishwasher, electric stove top and electrical oven.
* Floor boards to main living areas and carpet to bedrooms.
* Single car garage
* Entertainment area, perfect for get-together & family BBQ's.
* Fully fenced yard

Hillcrest is a growing and family-friendly suburb in Logan City, offering a great balance of lifestyle and investment potential. Located about 22 km south of Brisbane, it provides convenient access to major transport routes while maintaining a relaxed suburban atmosphere. Residents enjoy nearby parks, schools, shopping centres, and strong community amenities, making it an ideal place to live for families and professionals alike. With ongoing development, rising property demand, and solid rental growth, Hillcrest continues to attract both homeowners and investors looking for long-term value in a well-connected and evolving area.

**Please note that while all due care is taken by REMAX Aspire to ensure that the information contained on any website, portal or marketing material is accurate, we accept no responsibility or liability in respect to any inaccuracies, errors or omissions. Prospecting purchasers should do their own independent research and enquiries to verify all information about the property**.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
2
Area
380 m²

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