11 Norris Street, Hermit Park, Qld 4812

7.1% -7.9% Gross Yield

Boom! This is the kind of investment that doesn't just perform, it dominates inflation concerns and is a great place to park your capital and receive handsome returns. Built for cashflow and structured for freedom, this dual occupancy residence delivers a thumping $1,160 per week in rental income, with both levels fully self-contained and individually leased by the room. That's over $60,000 a year, and you're only paying $2,013.64 in council rates. No gimmicks. No waiting. 

Upstairs offers a private 2-bedroom setup with 2 bathrooms, full kitchen, open-plan living, and outdoor entertaining balcony. The perfect light-filled space that attracts strong, stable tenants. 

Downstairs is a completely separate 3-bedroom layout with another full kitchen, shared bathroom, internal laundry, and tiled living space. It's clean, smart, and built to last.

Both levels have private access, separate living zones, and strong tenant appeal. You're not just stacking rent, you're de-risking the portfolio with diversified income across five independent tenants. No vacancy gaps, no single point of failure.

The layout is ideal for co-living, FIFO workers, nurses, students, or multi-generational families. Whether you hold and enjoy the passive return or upgrade for a future strata title (STCA), the opportunity to scale your wealth is right here - and it's already performing!

Be Quick! Secure a cashflow machine that's already tenanted, already delivering, and already one step ahead of the market. This isn't one to watch, it's one to own.

Features Include:

-Two full above average kitchens- fully independent living on each level = strong tenant retention
-Rented per room - meets the growing demand for affordable co-living options
-Five bedrooms across two levels - more tenants, higher yield, better flexibility
-Three bathrooms total (2 up, 1 down) - maximises comfort and rental appeal
-$1,160pw rental income - over $60,000/year locked in = instant positive cashflow
-Low council rates of $2,013.64/year - more profit in your pocket
-Separation of access and amenities - reduced tenant conflict and smooth management
-Solid construction & low maintenance build - lower repair costs, better long-term hold
-High-occupancy location - reliable tenant pool, minimal vacancy downtime
-Ideal for SMSF or buy-and-hold strategy - set and forget with premium returns

Be Quick! Stop chasing average. Own the asset that delivers now, scales later, and sets you up for life. Buy this now before its's too late.

 
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.