17 Estramina Road, Regents Park QLD 4118

4-bed dual-dwelling on 751m² | Flood overlay noted | 70% owner street | 4.05% yield at $810pw | Listed rent $1,000pw The property’s dual-dwelling configuration on a single title offers a rare competitive edge in Regents Park, effectively providing two income streams from one land holding. With 401m² of built area, secure parking, and a study, it suits an investor seeking above-average rental yield in a predominantly owner-occupied street (70%). The solar PV system and alarm add operational efficiency and security appeal for tenants. The location within catchment of Yugumbir State School and Browns Plains State High School supports family tenant demand, while NBN and 5G coverage meet modern connectivity expectations. The detected flood overlay is the primary specific risk, requiring due diligence on insurance costs and historical inundation data before commitment. The current listing at $1,000pw exceeds the $810pw estimate, presenting a potential upside if sustained, but also a risk of vacancy if overpriced. Development potential exists given the 751m² block and dual-dwelling setup, though flood overlay may constrain future subdivision or extensions. The property best serves an experienced investor comfortable with flood overlay management, seeking cash flow over capital growth in a stable Logan market.