$1,050,000-$1,100,000

Two Homes. One Title. Endless Possibilities.

The smart solution for families who want to live together while maintaining their independence.

Why You Should Own This Property

• Live in one home and rent out the other to help reduce your mortgage repayments and build long-term wealth.
• Bring generations together while allowing everyone to enjoy the privacy and independence of their own home.
• Future-proof your family’s lifestyle with flexible accommodation that adapts as your family’s needs change.
• Support ageing parents or adult children without sacrificing independence.
• Benefit from independent rental assessments estimating a combined rental return of approximately $69,160 per annum if both residences are leased.
• Secure a rare two-home property in a convenient location close to both Queanbeyan and Canberra.
• Comprehensive pre-sale building, pest and compliance documentation has been made available to assist prospective purchasers in making an informed purchasing decision.
• Own a property that provides flexibility, financial security and long-term lifestyle benefits.

Property Summary

• Address: 18 & 18A Cameron Road, Queanbeyan NSW 2620
• Land Size: 688 m²
• Bedrooms: 5
• Bathrooms: 3
• Secondary Residence: Built in 2019
• Council Rates: Approximately $4,124 per annum
• Estimated Rent – Front Residence: Approximately $750 per week ($39,000 per annum)*
• Estimated Rent – Rear Residence: Approximately $580 per week ($30,160 per annum)*
• Estimated Combined Rental: Approximately $1,330 per week ($69,160 per annum)*
• Electricity: Separate electricity metering
• Water: Single water meter
• Building & Pest: Based on the available pre-sale building, pest and compliance documentation, no significant structural defects, active termite activity or known building compliance issues have been identified.
• Settlement: Up to 90 days from the auction date.

The property is currently operating as a successful short-stay accommodation, providing an attractive income opportunity for investors. The Airbnb can comfortably generate over $1,100 per week in gross accommodation revenue, with a current nightly rate of approximately $184 per night. Cleaning charges are paid separately by guests, helping to preserve the accommodation income generated by each booking.Prospective purchasers can view the existing Airbnb listing and presentation at: airbnb.com.au/h/queanbeyanquarter. This provides purchasers with the opportunity to acquire a property with an established short-stay setup and demonstrated income-generating potential. Please note, the Airbnb has only been live for a few weeks (since mid August) and has already booked out many weeks in advance.

Building & Compliance

A comprehensive pre-sale building and pest inspection has been completed and is available to prospective purchasers.

The report did not identify any major structural defects or active termite activity.

Minor evidence of historical borer activity was identified in several timber cavities and assessed as requiring no action.

Based on the available documentation, no known building compliance issues have been identified.

Copies of the building and pest report together with the available approval documentation are available upon request.

Prospective purchasers are encouraged to undertake their own enquiries and obtain independent legal, building, financial and other professional advice before bidding.