Main view of Homely house listing, 37 Pendragon Street, Raceview QLD 4305
Second view of Homely house listing, 37 Pendragon Street, Raceview QLD 4305
Floorplan of Homely house listing, 37 Pendragon Street, Raceview QLD 4305
Third view of Homely house listing, 37 Pendragon Street, Raceview QLD 4305
Fourth view of Homely house listing, 37 Pendragon Street, Raceview QLD 4305

Under Offer

37 Pendragon Street, Raceview QLD 4305

Offers Over $429,000

5 Bed  •  3 Bath  •  2 Car  •  480m²

Next inspection:

Property type: House under offer

House description


This three (3) year old and immaculately presented dual key residence is the perfect solution for two generations of family that want to live together but still have their own privacy. You can share the mortgage, which would be super affordable for two families, and one generation can live in the 3 bedroom, two bathroom side and the second generation can live in the two bedroom, one bathroom side of the residence. It is effectively two homes joined together but only on one title, so there is only one lot of rates that the family unit can share.

Alternatively, for those looking to downsize from their current larger family home to something smaller you could live in one side and have the space to park the retirement caravan or boat and then rent out the other side for additional income. This option would not only provide the peace of mind of ongoing income but it would also provide security for the home if you were away on extended holidays.

For all the investors out there, this incredible dual key investment offers an impressive $595.00 per week return (that’s a 6.8% return) and you have the extra benefit that the units would never be empty at the same time as Unit 1 is tenanted until 26/02/20 and Unit 2 is tenanted until 11/11/19. You can buy it today and not miss a single days rent, you don’t have to pay any let fees upfront and you are guaranteed maximum depreciation as the property is only three years old and still under full QBCC Builders Warranty for the next three years.
Apart from offering a total of five bedrooms, all with built-in robes, three bathrooms, there is also two designer look kitchens complete with stone benchtops, stainless steel appliances including dishwashers, two separate remote controlled garages (one for each unit) and two alfresco under roof pergolas that overlook private fully fenced yards that allow you to have secure space for children to play or pets to run.

This stunning dual key property is super low maintenance with brick construction, colourbond roofing, full security, tiled halls and living areas as well as split system reverse cycle air conditioning for year round comfort to both the living areas and both the master bedrooms.

It just doesn’t get any better than this! You don’t have to go through the frustration off designing and building them. You can either just move in at the end of the tenancies to start enjoying all these benefits or you buy them today and have the current amazing tenants pay off this amazing investment home for you!

This amazing property is located on a level 480m2 block in ever popular Raceview so of course you have access to all the amenities associated with this suburb. These include the Raceview Shopping Centre, Booval Shopping Centre, Raceview Tavern and Brothers Leagues Club plus the Raceview State School, Bremer State High School, Bethany Lutheran private School and bus transport to all of Ipswich’s other private primary and secondary schools.

You also have easy highway access to Brisbane via the Cunningham Highway or train transport via the Booval or Dinmore Train Stations.

There are way too many extras to list - so act now before someone else buys the perfect home for two families or savvy investors!

Most importantly, the owners have priced this exceptional dual key family residences realistically to sell quickly at offers over $429,000.

Listing agent: Steve Athanates
Don't be disappointed, call me now - I'm waiting for your call.

NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba – We’ve got Ipswich covered!

Results Speak Louder Than Words

(Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or the agent.)

Property features

Ensuites: 2

Living Areas: 2

Toilets: 5

Land details

Area: 480m²

What’s around Pendragon Street

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Steve Athanates

NGU Real Estate - Brassall

Greg Ramsay

NGU Real Estate - Brassall

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Steve Athanates

NGU Real Estate - Brassall

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Fifth view of Homely house listing, 37 Pendragon Street, Raceview QLD 4305
Sixth view of Homely house listing, 37 Pendragon Street, Raceview QLD 4305

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Offers Over $429,000

5 Bed  •  3 Bath  •  2 Car  •  480m²