1 Tonkin Street, Heatley QLD 4814

Corner block dual living | 4 car secure parking | Renovated entertainer’s kitchen | $650+ weekly rent appraisal This property presents a compelling proposition due to its dual-living configuration and superior parking provision, which are uncommon in this suburb’s typical housing stock. The effectively self-contained downstairs area with a kitchenette, bathroom, and separate access creates immediate utility for extended family, generating rental income, or offering flexible space, directly broadening its buyer pool and enhancing its investment logic. Its corner block position with dual driveways and four secure parking spaces addresses a chronic shortage in family suburbs, while the renovated upstairs kitchen and expansive deck align with modern expectations for open-plan living. This property serves families requiring multigenerational space or investors targeting the family and sharer market seeking above-average yields from a single title. Proceed with the understanding that the lack of recent, precise comparable sales data for a property of this specific configuration introduces pricing ambiguity, a risk that must be costed through a conservative valuation buffer. The commercial opportunity lies in leveraging the dual-income potential from the outset to service debt more effectively, while the established gardens and bore mitigate holding costs. Given its functional advantages over standard three-bedroom homes, this property warrants a strategic acquisition at or below the mid-point of its estimated range, with a clear intent to hold as a long-term rental to capitalise on its scarcity value and strong weekly appraisal.