38 & 40 Queensport Road, Murarrie, Qld 4172

Offers over $1,699,000

House
Type
5
Bedrooms
5
Bathrooms
2
Parkings
405 m²
Area

Published on Tuesday, July 14, 2026 ( See property details for 38 & 40 Queensport Road, Murarrie, Qld 4172)

Offers over $1,699,000

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A modern, fully tenanted dual investment property comprising two freehold residences with high income potential in a sought-after Murarrie location.

🏡 Property Highlights

  • Fully tenanted with strong annual income of over $228,000 combined
  • Modern, low-maintenance design completed in 2019
  • Separate titles for flexible purchase options
  • Prime location just 8km from Brisbane CBD and close to amenities
  • Each residence features five self-contained units with private balconies or patios
  • High-quality construction with solar power and split system air-conditioning

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Solar Panels
  • Balcony
  • Air Conditioning
  • Security Screens / Gates
  • Fully fenced
  • Garage / Secure Parking
  • Water tank

Murarrie offers a vibrant community with excellent connectivity to Brisbane city, Brisbane Airport, and the bay. Residents enjoy access to parks, playgrounds, walking and bike tracks at Murarrie Reserve, along with convenient shopping options like Cannon Hill Plaza and Westfield Carindale. The area features a mix of modern developments and established amenities, making it ideal for investors and tenants alike. Public transport options, including bus stops and Murarrie train station, ensure easy commuting, while local cafes and recreational spaces enhance the lifestyle appeal.

What is the current rental income and vacancy rate for these properties?
The combined gross annual rental income is approximately $228,020, with all units currently fully tenanted, indicating a low vacancy rate.
Are there any restrictions or approvals required for future modifications or expansions?
The properties are Class 1B council approved rooming houses completed in 2019, and any modifications should comply with local council regulations and approvals.
What are the ongoing maintenance costs and service charges?
As modern, low-maintenance residences, the properties are designed for minimal upkeep, with specific costs to be confirmed upon inquiry.
Is there potential for future development or rezoning in the area?
Potential for future development depends on local council zoning plans; prospective buyers should verify with the Murarrie local council for detailed zoning information.
What are the nearby amenities and transport options?
The properties are close to Murarrie Reserve, cafes, shopping centres like Cannon Hill Plaza and Westfield Carindale, with bus stops 160m away and Murarrie train station within 450m.
Are there any existing easements, covenants, or zoning restrictions affecting the properties? Have the properties undergone recent inspections for structural integrity and pest issues? Are there any upcoming local council developments or planning activities that could impact the area? What are the total costs involved in purchasing, including stamp duty, legal fees, and transfer costs? Is there any history of flooding or bushfire risk in the area that could affect the properties? Are there any strata or body corporate arrangements, and what are the associated fees and rules? Are there any planned upgrades or maintenance works scheduled for the properties or surrounding infrastructure? What are the terms of the current lease agreements, and are there any rent review clauses? Are there any restrictions on the types of tenants or occupancy limits? Is the solar power system included in the sale, and what are its maintenance requirements?

38 & 40 Queensport Road, Murarrie, Qld 4172 - More Details

Offers over $1,699,000

Type
House
Bedrooms
5
Bathrooms
5
Parkings
2
Area
405 m²
House Size
233.49 m²

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