Sold Featured Dual Key Rental Guarantee

Lot 29/40 Woodswallow Avenue, Point Vernon QLD

Fraser Coast, QLD, 4655

$ 996,900

Sold Featured Dual Key Rental Guarantee
Fraser Coast, QLD, 4655
Lot 29/40 Woodswallow Avenue, Point Vernon QLD-0
Lot 29/40 Woodswallow Avenue, Point Vernon QLD-1

Property Images

Lot 29/40 Woodswallow Avenue, Point Vernon QLD-0 Lot 29/40 Woodswallow Avenue, Point Vernon QLD-1

Overview

Property ID: LA-12616

  • Dual Key
  • Property Type
  • 4+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2+1
  • Cars
  • 261

Details

Updated on May 13, 2025 at 08:38 pm

Property Type: Dual Key
Price: $ 996,900
Land Price: $ 355,000
Build Price: $ 641,900
Gross Per Week: $ 1,150
Gross Per Annum: $ 59,800
Gross Yield: 6.00%
Capital Growth 12 Months: 6.51%
Capital Growth 10 Year Annualised: 7.35%
Vacancy Rate: 0.70%
Property Size: 261 m2
Land Area: 694 m2
Bedrooms: 4+2
Bathrooms: 2+1
Parking: 2+1
Title Status: Titled
Property ID: 12616
SKU: Dual Key

Description

This is a dual-key property featuring the Diamantina 261 design, located at Woodswallow Avenue, Foreshore Estate, Point Vernon, QLD 4655. With a total house area of 261 sqm and situated on a 694 sqm registered block, the package offers a main dwelling and a secondary dwelling. It is a full turnkey package with modern finishes and quality inclusions suitable for investors seeking dual-income potential.

Suburb profile:

Point Vernon is a coastal suburb in Hervey Bay, Queensland, known for its tranquil beaches, parks, and family-friendly atmosphere. It offers convenient access to local schools, shops, and medical facilities. As part of the Fraser Coast Region, Point Vernon attracts both residents and investors due to its scenic lifestyle, affordability, and ongoing regional growth.


Site Inclusions - Site Works, Foundations & Connections: Construction Insurance, Public Liability and Home Warranty Insurance

  • Certification, Covenant and Council Application Fees
  • Soil Test, Engineering Report and Full Working Drawings
  • Engineering Plans
  • Engineer Designed Pine Frames and Roof Trusses
  • N2-N3 Wind Load Construction as per specifications
  • Timber or steel frames included at builder discretion
  • All Site Costs Included

Internal Inclusions

  • 2440mm high walls
  • All painting in standard three coat system
  • Skirting 68x12mm, Architrave 42x12mm
  • Redicote internal doors
  • Feature front door with glazing
  • Cushion stops to doors
  • Built-in robes with shelf and rail
  • Linen press with four shelves
  • Standard plaster cove cornice
  • 10mm plasterboard to walls and ceilings
  • 6mm Villaboard to wet areas
  • Carpet grade internal stairs (if applicable)

External Inclusions

  • Brick veneer masonry or rendered foam or lightweight cladding (as per plans)
  • Colorbond roof or concrete roof tiles
  • Facia, gutter and painted PVC downpipes
  • Panel lift garage door with remote control
  • Two external garden taps and two external lights
  • Sewer connection to council services
  • Underground electrical mains
  • Water connection to council services
  • Aluminum sliding windows and doors with keyed alike locks
  • Fly screens to all windows and sliding doors

Landscaping Inclusions

  • Driveway and path from driveway to porch – decorative concrete
  • Tiled patio
  • Estate-approved letterbox
  • Fold down clothesline with pad and path
  • Fencing to covenant requirements including side gate
  • Turf and landscaped gardens to front and rear
  • Garden beds with plants
  • Edging to all gardens

Electrical Inclusions

  • Ceiling fan/light to each bedroom
  • Ceiling fans to alfresco (if required for energy efficiency)
  • Reverse cycle split system air conditioners to Master Bedroom and Living
  • TV outlets in Living, Media (if applicable), and Master Bedroom
  • TV antenna, power points throughout
  • One phone point
  • Earth leakage safety switch
  • Smoke detectors (hardwired with battery backup)

Appliance Inclusions:

  • 900mm electric cooktop/oven to main dwelling
  • 900mm rangehood to main dwelling
  • Stainless steel 60cm oven (standard)
  • 4-zone cooktop
  • Stainless steel rangehood
  • Stainless steel dishwasher
  • Overhead laminated cupboards
  • Chrome mixer tap to kitchen sink
  • 1¾ bowl stainless steel drop-in sink
  • Water tap for fridge
  • Laundry tub (45L) with suds bypass and metal cabinet
  • Tiled splashback and benchtop in laundry
  • 20mm stone benchtops throughout kitchen, laundry, and vanities

Upgraded Inclusions:

  • 900mm electric cooktop/oven to main dwelling in lieu of standard
  • 900mm rangehood to main dwelling in lieu of standard
  • Double GPO with USB charger in kitchen in lieu of standard GPO

Energy Efficiency:

  • 6 Star Energy Rating
  • 170L Energy Efficient Hot Water System
  • Insulation as required to meet energy efficiency requirements
  • Reflective foil wall wrap to external walls
  • Physical termite barrier

Warranties:

  • Six year, six month structural warranty
  • Twelve month maintenance warranty


This dual-key property in Point Vernon offers a fantastic opportunity for investors seeking dual-income streams, combining a main and secondary dwelling on a spacious, fully landscaped block with a turnkey finish and quality inclusions.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements. 

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Documents

Lot 29, 40 Woodswallow Avenue, Point Vernon, QLD, 4655_1745810549csdbI.pdf

Rental Appraisal

Address Lot 29/40 Woodswallow Avenue, Point Vernon QLD
City Fraser Coast
State QLD
Postcode 4655
Suburb N/A

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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

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