83 Davey Road, Gatton QLD 4343

4-bed brick house | tenanted until 2026 | walking distance to high school & lake | no overlays | fibre internet This property presents a stable, low-maintenance investment anchored by a secure tenancy. Its core strength is the below-market rental agreement providing immediate, reliable income for over two years, reducing vacancy risk and offering cash flow certainty from day one. The brick construction on a standard block in a established location near schools and amenities represents a durable, straightforward housing product, best serving an investor seeking a hands-off holding with minimal complication. The primary cost is functional obsolescence; the single bathroom and carport configuration is basic against newer stock, potentially capping capital growth and rental appeal upon lease renewal. The opportunity lies in the average block size with no development overlays, offering a logical, low-risk path to future value addition through extension or renovation. Acquire this as a set-and-forget income property, banking the secure yield while planning for a value-add refurbishment ahead of the 2026 lease expiry. Recent sales in Gatton provide context: – 15 Cunningham Ave, Laidley North: Sale price and details. – 16 Gordon Street, Forest Hill: Sale price and details. – 2 Park Lane, Gatton: Sale price and details. These comparables, while not direct matches, confirm the listed price operates within the established market range for the area, suggesting the asking figure is not an outlier and must be justified by this property’s specific income security and land attributes.