22 Tailor Street, Tin Can Bay QLD 4580

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 2

Description: Positioned in a prime location in the heart of Old Tin Can Bay, 22 Tailor Street presents a practical dual-living investment opportunity within walking distance of the Bay, marina and local amenities. This multi-living dwelling offers income potential and is already generating reliable rental returns. With two floors, each offering its own amenities, this opportunity is ideal for an investor seeking a set and forget high-yield property in a prime Tin Can Bay location. Key Information: The upper level features three bedrooms, two of which include built-in wardrobes, and a modern family bathroom. The kitchen is well equipped and includes a custom timber breakfast bar that adds a practical and durable workspace. An air conditioned open-plan living and dining area provides a comfortable setting for everyday living. The upper floor can be accessed via either the kitchen or the living area, allowing convenient entry points for occupants. The lower level comprises one spacious bedroom with a built-in wardrobe, a functional kitchen with ample storage, and an open-plan living and dining area. The bathroom is well appointed, and the covered rear patio offers a sheltered space suitable for relaxation or outdoor meals. Additional features include a shared laundry located downstairs, a built-in storage room, and a fully fenced yard that ensures privacy and security. Raised garden beds add a low-maintenance touch for tenants or owners seeking easy-care outdoor space. For investors, the property provides a strong return, with the upstairs residence currently achieving $465 per week and the downstairs residence returning $260 per week. Combined, the current annual rental income is approximately $37,700. 22 Tailor Street represents a practical opportunity in a tightly held pocket of Old Tin Can Bay. With its central location, existing rental returns and easy access to the Bay, marina and local amenities, this property is a smart choice for those seeking long-term value and lifestyle convenience.