3 Lemm Street, Everton Hills

Off-Market Investment Opportunity -- 2 separate rentals in one at 4.66%!

$1,350,000
bed 6
bath 3
car 2
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The low down

I am excited to present an exceptional off-market investment opportunity at 3 Lemm Street, Everton Hills. This stunning, fully dual-living property offers significant investment potential with separate metering for each dwelling, providing a seamless investment with secure tenants already in place.

The upstairs level features three spacious bedrooms with built-ins and ceiling fans, two bathrooms including an ensuite in the master bedroom, and an open-plan living and dining area with a ceiling fan. The modern kitchen is equipped with stone benchtops, an induction cooktop, and a breakfast bar. Additionally, there is a front patio and an undercover balcony with a ceiling fan and privacy shutters. This level is currently rented for $660 per week.

The downstairs level comprises three additional bedrooms, one with a walk-in robe and another with built-ins, a well-appointed bathroom/laundry with a shower and vanity, and an open-plan living and dining area with a ceiling fan. The fully equipped kitchen features stone benchtops, an electric cooktop, and an oven. Outdoor features include an undercover patio and a back entertaining deck. The downstairs level is currently rented for $550 per week.

With an asking price of $1,350,000 and a total rental income of $1,210 per week, this property offers a solid rental yield of 4.66%, with leases secured until November 2025. Key features include a fully converted dual-living setup with separate, self-contained dwellings, a newly installed driveway with electric gates, split-system air conditioning in selected rooms, and security mesh on selected doors and windows. The property sits on a generous 792sqm fully fenced block, featuring a grassed area with room for a pool, a fire pit area, a garden shed, and ample outdoor entertaining spaces with two car spaces.

Ideally positioned approximately 12km from Brisbane CBD and a 25-minute drive to Brisbane Airport via the Airport Link tunnel, this home is close to public transport, private and public schools, and within walking distance to parks, walking and cycling tracks. It is also just a short drive to Westfield Chermside and Brookside Shopping Centres, offering a wide range of retail, dining, and entertainment options.

This property presents a rare opportunity for investors seeking strong returns with minimal management hassle due to single tenants occupying each level. For further details or to arrange a private viewing, please contact me.

Watt Faves:
* Stunning off-market dual-living investment opportunity with separate metering for each dwelling, offering secure rental income.
* Upstairs features 3 bedrooms with built-ins and ceiling fans, 2 bathrooms including an ensuite, modern kitchen with stone benchtops and induction cooktop, and an open-plan living and dining area opening to a front patio and undercover balcony.
* Downstairs boasts 3 additional bedrooms, a well-appointed bathroom/laundry, open-plan living and dining area, and a fully equipped kitchen with stone benchtops, electric cooktop, and oven.
* Currently rented for a total of $1,210 per week, providing a strong rental yield of 4.66% with leases secured until November 2025.
* Key features include a newly installed driveway with electric gates, split-system air conditioning, security mesh on selected doors and windows, and a fully fenced 792sqm block with room for a pool.
* Conveniently located approximately 12km from Brisbane CBD, 25 minutes to Brisbane Airport, and close to public transport, schools, parks, and major shopping centres such as Westfield Chermside and Brookside.
* A rare investment opportunity with minimal management hassle, featuring single tenants occupying each level, ideal for investors seeking strong, stable returns.

I am excited to present an exceptional off-market investment opportunity at 3 Lemm Street, Everton Hills. This stunning, fully dual-living property offers significant investment potential with separate metering for each dwelling, providing a seamless investment with secure tenants already in place. The upstairs level features three spacious bedrooms with built-ins and ceiling fans, two bathrooms including an ensuite in the master bedroom, and an open-plan living and dining area with a ceiling fan. The modern kitchen is equipped with stone benchtops, an induction cooktop, and...

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