56/11 Dasheng Street Doolandella QLD 4077

Investor-ready townhouse | Currently leased through November 2026 | Strong rental yield potential | Positioned near transport hub This three-bedroom, two-bathroom townhouse on a 140-square-metre lot presents a straightforward investment proposition for those seeking established rental income with minimal ongoing management complexity. The property currently generates $475 per week in rental income, with the existing lease extending to November 2026, providing immediate cash flow for a new owner. The estimated rental range sits between $550 and $705 per week according to market data, suggesting scope for rental growth once the current tenancy concludes. With a body corporate fee of approximately $73 weekly, the net rental position remains viable for investors focused on yield-based returns rather than capital appreciation alone. The five-minute proximity to Richlands Train Station addresses a practical locational advantage, positioning the property within reach of employment corridors and supporting its appeal to tenant demographics who prioritise transport connectivity. The townhouse format typically attracts tenants seeking low-maintenance living with defined outdoor space, reducing vacancy risk in the Brisbane rental market. Recent valuation estimates place the property in the $670,000 to $772,000 range, though this represents a significant movement from its 2016 sale price of $285,000, reflecting broader Brisbane property appreciation over the past decade. The bushfire overlay designation warrants consideration of insurance implications and potential future regulatory changes, though this is not uncommon across outer Brisbane suburbs. For investors with a five to ten-year holding horizon, the combination of established tenancy, reasonable yield, and proximity to transport infrastructure positions this as a functional acquisition rather than a speculative play.