1&2/1 Cressey Street, Wavell Heights QLD 4012

Perfectly positioned in one of Brisbane's most sought-after suburbs, this well-maintained duplex presents an exceptional opportunity for investors, renovators, or extended families seeking versatility, convenience and strong rental returns.

Set across two self-contained residences on one title, the property offers flexibility and long-term growth potential in a high-demand pocket of Wavell Heights.

Development opportunity for a variety of low density dwelling types

Unit 1 - Modern Comfort & Strong Return

Beautifully presented and move-in ready, this spacious three-bedroom residence delivers effortless modern living with a relaxed, low-maintenance lifestyle.

Light-filled open-plan living and dining areas feature polished floorboards, ceiling fans and air conditioning for year-round comfort. The contemporary kitchen offers ample storage, an electric cooktop and dishwasher, while the master bedroom enjoys an ensuite and built-in robe.

• 3 bedrooms with built-in wardrobes
• Master with ensuite, air conditioning and ceiling fan
• 2 bathrooms, including family bathroom with bathtub
• Open-plan living & dining with air conditioning and ceiling fan
• Modern kitchen with ample storage, electric cooktop & dishwasher
• Secure single garage
• Fenced outdoor entertaining area
• Currently rented for $680 per week

Unit 2 - Renovator's Delight with Endless Potential

Neat and functional in its current state, this original-condition two-bedroom unit offers ample scope to renovate and add instant value. Ideal for investors or those looking to capitalise on Wavell Heights' strong growth and lifestyle appeal.

• 2 bedrooms, 1 bathroom
• Open-plan living and kitchen area
• Single car accommodation
• Original condition with renovation potential
• Currently rented for $470 per week

Location Highlights

Enjoy the best of both worlds - a quiet residential setting within walking distance to parks, schools, and transport. Moments from Wavell Heights State School, Wavell State High, Shaw Road Shopping Village, Nundah Village and Westfield Chermside. Bus stops are just metres away, with Eagle Junction train station a short drive for easy city access.

A rare dual-income opportunity in a blue-chip suburb - offering solid returns today and exciting potential for the future.