43-45 Joan Street, Bungalow

A Rare & Powerful Investment Combo – Two Income-Producing Homes on Two Titles PLUS Massive Sheds With Office

An exceptional opportunity for investors, business owners, and owner-occupiers seeking multiple income streams, serious storage, and unmatched flexibility. With two separate lots, multiple dwellings, and high-capacity sheds with an office, this property delivers a rare combination of strong returns, versatility, and future potential.

Perfect for:
✔ Investors chasing high yield & multi-income security
✔ Business owners needing sheds + office + storage
✔ Owner-occupiers wanting to live in one dwelling while the others pay the mortgage
✔ Land-bankers wanting long-term upside with two lots & multiple structures

THE PACKAGE

No. 43 – Highset House With Dual Living
(Not registered as dual occupancy)

Upstairs – 43A
• 3 bedrooms, 1 bathroom
• Renovated with polished timber floors
• Air-conditioned
• Separate electricity meter
• Fixed lease to 11/07/2026 at $520/week

Downstairs – 43B
• 3 bedrooms, 1 bathroom, 2 car tandem lock up garage
• Renovated, air-conditioned
• Separate electricity meter
• Fixed lease to 10/08/2026 at $490/week
(Not approved as dual occupancy - buyers to do their own due diligence)

No. 45 – Lowset Home
• 3 bedrooms, 1 bathroom
• Air-conditioned, polished timber floors
• Electricity meter + 3-phase power
• Fixed lease to 28/01/2026 at $510/week

THE SHEDS – A Rare Find

• Approx. 8.7m x 33m
• Parking for seven vehicles
• Dedicated office
• 2 electricity meters
• 3-phase power
• Perfect for trades, storage, equipment, or running a business
• Periodic lease at $309/week

INCOME SNAPSHOT

43A: $520/week
43B: $490/week
45: $510/week
Sheds: $309/week
Total Weekly Income: $1,829
Total Annual Income: approx. $95,108

RATES

No. 43: approx. $3,500/year
No. 45: approx. $4,000/year

WHY INVESTORS LOVE THIS PROPERTY

Four income streams + two separate titles
Highly rentable location
Strong holding income while land-banking
Ideal for business owners seeking storage + passive income
Live in one dwelling and enjoy a high-yield investment from day one

IMPORTANT

No. 43 is not registered as dual occupancy with Council
Buyers must conduct their own due diligence

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.