29 Janet Street, Walloon QLD 4306

Modern build | Tenanted to mid-2026 | Below estimated value | Ipswich growth corridor This property offers a rare combination of a near-new build with an existing lease secured until June 2026, making it particularly suited to investors seeking immediate, predictable income. The asking price sits below most independent valuation estimates, which provides a margin of safety and positions the buyer competitively from day one. The low-maintenance 375sqm block, ducted cooling and heating, and open-plan layout are standard for a 2022 build but the absence of any flood or bushfire overlay in this area is a meaningful advantage. The primary risk is the below-market rent of $550 per week against an estimated $620, meaning the current yield is softer than it could be, though the lease term provides stability until a reset opportunity in 2026. For an owner-occupier, the June 2026 vacancy creates a clear timeline to plan for personal occupation, but immediate buyers should be prepared to wait. The property sits in a solid Ipswich growth corridor with good school catchment and full NBN and 5G connectivity, though these are supporting factors rather than primary drivers.