FOR SALE
$550,000

7 Lenthall Street
Boyne Island QLD 4680

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 510m2
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PRIME INVESTMENT OPPORTUNITY IN THE POPULAR RIVERSTONE RISE ESTATE!!

If you're looking for a smart investment with a solid return, look no further! This quality 4-bedroom, 2-bathroom home is located in the highly sought-after Riverstone Rise Estate, just a stone's throw from Boyne Island and only minutes away from the stunning Tannum Sands Beach. Currently leased to a reliable tenant and a rental appraisal of $580 - $600 per week, this is an excellent opportunity to secure a steady rental income from day one.
AT A GLANCE:
• Modern 4 bedroom property with 2 bathrooms and a double bay garage
• Ducted Air-conditioning means this would be a popular option for any tenant
• Located in the Riverstone Rise estate of Boyne Island with parks
• Down the road from schools and shopping centres
• Rented for $520 per week (Rental appraisal is $580 - $600 per week)
This spacious family home boasts 4 bedrooms, all with built-in wardrobes, ceiling fans and a ducted air-conditioning system, with the master bedroom featuring a private ensuite. The modern 2-bathroom design includes a main bathroom with a separate bathtub and shower. The floorplan combines the kitchen and dining area with the media area being separate for spending movie nights. A double garage with internal access provides secure parking.
Situated in the heart of Riverstone Rise, this home offers unmatched convenience for families. It's just minutes from Boyne Island Primary School and Tannum Sands State High School, making school runs a breeze. Major shopping options like Woolworths and Coles are only a short drive away, ensuring easy access to everyday essentials. The beautiful Tannum Sands Beach is close by, perfect for relaxing weekend outings, while the peaceful, family-friendly estate provides parks and a strong community feel.
With a current rent of $520 per week from a quality tenant and a rental appraisal of $590 - $600 per week, this property offers immediate returns for investors. Riverstone Rise Estate is in high demand due to its family-friendly environment, proximity to schools, shopping, and the beach, ensuring low vacancy rates and consistent rental demand. The area is also growing, providing long-term potential for capital appreciation, making this a solid addition to any investment portfolio.
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Property Details for 7 Lenthall St, Boyne Island

7 Lenthall St, Boyne Island is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 510m2. The place is currently for sale with Ray White Gladstone.

Building Type
House
Land Size
510m2

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About Boyne Island 4680

The size of Boyne Island is approximately 43.1 square kilometres. It has 15 parks covering nearly 4.3% of total area. The population of Boyne Island in 2011 was 4,406 people. By 2016 the population was 4,763 showing a population growth of 8.1% in the area during that time. The predominant age group in Boyne Island is 0-9 years. Households in Boyne Island are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boyne Island work in a trades occupation. In 2011, 69.5% of the homes in Boyne Island were owner-occupied compared with 64.4% in 2016.

Boyne Island has 2,346 properties. Over the last 5 years, Houses in Boyne Island have seen a 88.00% increase in median value, while Units have seen a 190.56% increase. As at 31 October 2024:

  • The median value for Houses in Boyne Island is $569,973 while the median value for Units is $507,537.
  • Houses have a median rent of $530 while Units have a median rent of $395.
There are currently 52 properties listed for sale, and 12 properties listed for rent in Boyne island on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Boyne island.

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Atlas Corrin
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Ray White Gladstone
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