2/26 Lorraine Court, Andergrove, Qld 4740

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
88 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 2/26 Lorraine Court, Andergrove, Qld 4740)

$412,500

Faye Wright Real Estate Sales Professional
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, low-maintenance unit in a quiet cul-de-sac, offering excellent investment potential with long-term tenants and future rental growth.

🏡 Property Highlights

  • Outstanding investment opportunity with a long-term tenant in place
  • Secure lease until November 2026 with projected rental increase
  • Low-maintenance, set-and-forget property in a highly convenient location
  • Tightly held complex with only three units, two privately owned
  • Quiet cul-de-sac position close to Gillham's Park and local amenities
  • Well-presented unit with air-conditioned bedrooms and living area

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Security Screens / Gates
  • Garage
  • Open-Plan Living
  • Low-Maintenance Yard
  • Ensuite
  • Pet-Friendly
  • Internal Laundry
  • Balcony

Andergrove is a highly sought-after suburb known for its family-friendly atmosphere, proximity to parks and recreational areas, and convenient access to shopping, medical facilities, and public transport. The area offers a peaceful lifestyle with excellent investment prospects, making it ideal for both owner-occupiers and investors. Its well-established community and low-maintenance properties contribute to its enduring appeal.

What are the current rental terms and potential for future rental increases?
The property is currently leased until November 2026 at $420 per week, with a projected rental increase to approximately $470 - $550 per week, offering strong future returns.
What amenities and facilities are nearby?
The property is within easy reach of Gillham's Park, local supermarkets, butcher, bakery, medical centre, and chemist, providing excellent convenience for tenants.
Is the property suitable for investment purposes?
Yes, the property is an outstanding investment opportunity with a long-term tenant, low body corporate fees, and potential for rental growth.
What security features does the property have?
The property is equipped with security screens on all doors and windows, enhancing safety and peace of mind.
What is the condition of the property?
The unit is well-presented, maintained, and offers a low-maintenance lifestyle, ideal for investors or owner-occupiers.
Are there any upcoming or planned maintenance works or upgrades within the complex that could incur additional costs? Has the property been inspected for any structural issues or defects, and are there any known problems? Are there any restrictions or easements affecting the property or complex? What are the strata or body corporate rules, and are there any special levies or fees expected in the near future? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any nearby developments or planning activities that could impact the property's value or living environment? What are the total ongoing costs, including body corporate fees, council rates, and utilities? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from neighbours or surrounding areas? What is the history of the property regarding repairs, renovations, or previous damage?

2/26 Lorraine Court, Andergrove, Qld 4740 - More Details

$412,500

Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
88 m²
House Size
72 m²

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