3/17 Erneton Street, Newmarket, Qld 4051

Inviting Offers

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings
75 m²
Area

Published on Tuesday, April 14, 2026 ( See property details for 3/17 Erneton Street, Newmarket, Qld 4051)

Inviting Offers

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

A versatile dual key property in a highly sought-after Brisbane suburb offering excellent rental returns and flexible living options.

🏡 Property Highlights

  • Dual key configuration with two fully self-contained apartments on a single title
  • Strong rental income with combined weekly returns of up to $750
  • Prime location just 500m from Newmarket Village with easy CBD access
  • Modern interiors with private outdoor balconies for each unit
  • High demand among tenants including students, professionals, and medical staff
  • Excellent investment opportunity with flexible living or leasing options

✨ Key Features

  • Air Conditioning
  • Security Screens
  • Private Balcony
  • Covered Car Accommodation
  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views

Newmarket is a vibrant Brisbane suburb renowned for its strong community feel, excellent transport links, and proximity to major amenities. It offers a mix of modern living and convenient access to shopping, dining, and entertainment options. The area is highly sought after by tenants, including students and professionals, making it an ideal location for investment. With easy access to hospitals and university precincts, Newmarket continues to grow as a desirable lifestyle hub.

What are the current rental yields for this dual key property?
The current rental returns are $390 per week for Unit 5 and $360 per week for Unit 6, with potential to review in June 2026 for increased rent, estimated between $420 and $450 per week per unit.
Is the property suitable for both investors and owner-occupiers?
Yes, the property offers flexible options for investors seeking dual income streams or owner-occupiers looking for a versatile living arrangement.
What amenities are nearby?
The property is just 500 meters from Newmarket Village, providing access to dining, shopping, cinemas, and public transport including train links to Brisbane CBD, hospitals, and university precincts.
Are there any restrictions or approvals required for future modifications?
Potential buyers should verify with local council regarding any planning or zoning restrictions, especially if considering future renovations or extensions.
What maintenance or ongoing costs should I expect?
As a modern unit, maintenance costs are generally low, but buyers should inquire about strata fees, council rates, and any service charges applicable.
Are there any upcoming developments or planning applications in the area that could affect property value or living conditions? What are the strata or body corporate fees, and what do they cover? Are there any known issues with the property, such as structural defects or pest problems? Is the property compliant with all building codes and regulations, including fire safety standards? What are the zoning restrictions and are there any easements or covenants affecting the property? Has the property experienced any flooding or bushfire risks in the past? Are there any planned infrastructure projects nearby that could impact noise levels or accessibility? What are the terms of the current lease agreements, and when are they due for renewal? Are there any restrictions on short-term rentals or Airbnb-style accommodation? What are the total costs involved in purchasing, including stamp duty, legal fees, and potential renovation expenses?

3/17 Erneton Street, Newmarket, Qld 4051 - More Details

Inviting Offers

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1
Area
75 m²

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