A rare and highly desirable dual-income opportunity in the highly desirable suburb of Canley Heights! This well-presented property comprises a 5-bedroom main residence plus a modern 2-bedroom granny flat, both approved and separately metered — offering strong, stable rental returns and long-term capital growth potential.
Investment Highlights
Two self-contained dwellings on one title
Estimated combined rental return of $1,400–$1,500 per week*
Positioned on an impressive 734sqm corner block with dual street frontage
Both dwellings are approved, council-compliant, and low-maintenance
Excellent tenant appeal with quality finishes, generous space, and separate yards
Strong demand location – close to Canley Heights shopping precinct, schools, public transport, and major arterial roads
Main Residence (8 Karoon Ave)
Spacious 5-bedroom family home with large living zones
Updated kitchen and bathrooms, ready for immediate rental
Double carport and additional parking space
Current market rent potential: $850–$900 per week*
Approved Granny Flat (8A Karoon Ave)
Two bedrooms with built-ins, modern kitchen and bathroom
Separate private entry and yard
Current market rent potential: $550–$600 per week*
Why Invest Here
Rare dual-income setup on a large corner block
High land value with future redevelopment potential (STCA)
Low vacancy area with consistent rental demand
Excellent cash flow and long-term capital growth prospects
Don’t miss this standout investment in a tightly held, high-performing pocket of Canley Heights. Properties like this are rarely offered and highly sought after.
📞 Contact J Nguyen Property today to discuss rental appraisals, cash flow analysis, or to arrange a private inspection.
Features
- Air Conditioning
- Ducted Cooling
- Ducted Heating
- Outdoor Entertainment Area
- Built-in Wardrobes
- Floorboards
- Solar Panels
