13 Payne Street, Millbank, QLD, 4670

Whether you’re looking for a high-performing investment, accommodation for extended family, or the flexibility to live in one home while generating rental income from the other, this quality duplex delivers exceptional value. Built in 2010 and positioned on a generous 1,344m² allotment, each residence offers four bedrooms, two bathrooms and double garaging, while maintaining excellent privacy from one another. Endless Possibilities ✔ Live in one and rent the other ✔ Rent both for a strong dual income ✔ Ideal for multi-generational families ✔ Future flexibility with vacant possession available at lease end Residence A Designed for easy family living, this spacious home features: • 4 generous bedrooms • Master suite with ensuite and walk-in robe • Bedrooms 2-4 with built-in robes • Open-plan kitchen, dining and living area • Covered alfresco entertaining • Fully enclosed private courtyard • Double lock-up garage with secure internal access • Air-conditioning and ceiling fans throughout • Solar • Neutral décor ready to suit any style Residence B Privately positioned on its own secluded hammerhead allotment, this residence enjoys a peaceful setting amongst established gardens and mature trees. Features include: • 4 spacious bedrooms • Master bedroom with ensuite and walk-in robe • Separate media/lounge room • Open-plan kitchen, dining and family room • Covered alfresco entertaining overlooking landscaped gardens • Fully fenced yard • Garden shed • Double garage with automatic tilt door • Air-conditioning, ceiling fans and built-in robes • Solar The mature gardens create a wonderful sense of tranquillity rarely found in duplex living. Investment Information The property is currently leased until 31 October 2026. With the current tenants vacating at lease expiry, purchasers have the flexibility to: • Move into one or both homes • Secure new tenants at current market rental rates • Continue as a dual-income investment Current Rental Income Approximately $5,893 per month Approximately $680 per week per residence Annual rent review due 1 November 2026. Future Potential (STCA) In addition to its outstanding investment and lifestyle appeal, this property may also offer future subdivision potential (Subject to Council Approval). Preliminary information has been provided by Council outlining possible pathways that may enable a future subdivision, providing purchasers with an opportunity to investigate further should this align with their long-term plans. Interested buyers are encouraged to make their own enquiries with the relevant authorities regarding subdivision requirements and feasibility. Outstanding Location Situated in the highly sought-after suburb of Millbank, this property enjoys a central location between the Bundaberg CBD and Sugarland Shopping Centre. Close to: • Hospitals and Medical Precinct • Schools • Shopping Centres • Sporting facilities • Public transport Only around 20 minutes to Bargara’s beaches, marina and waterfront lifestyle. Inspection Inspection by Appointment Only This is an outstanding opportunity to secure a versatile property offering strong returns today with outstanding lifestyle flexibility tomorrow. Photography Note: Some tenant belongings have been digitally replaced with AI-generated furnishings to assist buyers in visualising the property’s potential.