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81 Lockheed Street,
Garbutt 4814, Queensland
$510,328
Property details
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Agents
Calling all investors!
Calling all investors! This cosy duplex is perfect for both seasoned investors and newcomers, having a distinct advantage of no body corporate fees, allowing you to maximise your rental returns without extra costs.
Located in Garbutt, just 10 minutes from Domain Central for all your shopping needs, as well as the Townsville CBD and the iconic "The Strand" , it combines convenience with a desirable lifestyle. Easy access to major arterial roads, and close to the air port as well, this spot has a lot of future potential.
Unit 1 features:
- Larger of the two units
- Enclosed front yard
- Single Carport
- Generous living room
- 2 spacious bedrooms, both air conditioned with BIW.
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- Bonus large rumpus room located at the back of the unit.
- Internal laundry
- Outside undercover patio
- Large yard, equipped with a shed which is shared between the two units.
- Currently rented for $280.00 p/w, on a periodic lease, Current rent Appraisal of $340-$360 per week
- Last rent increase occurred 13/02/2024
Unit 2 features:
- Smaller of the two units
- Enclosed front yard
- Single Carport
- 2 spacious bedrooms, both air conditioned and 1 with a BIW
- Freshly renovated modern bathroom
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- External laundry, behind a lockable gate
- Large yard, equipped with a shed which is shared between the two units.
- Currently rented for $280.00 p/w, lease until May 2025
- Last rent increase occurred 23/05/2024
The current rent return is $560.00 per week, however with the option to increase the rent to current market value. (12 months after the last rent increase date) you could receive a return between $680 - $700 per week.
No body corporate fees!
Rates approx. $7000 per annum
As this property is currently tenanted, please contact Karlee Burbidge and Santo Spinella to arrange a viewing of this property as soon as possible. Great investments like these do not last long so be quick to check it out!!
Located in Garbutt, just 10 minutes from Domain Central for all your shopping needs, as well as the Townsville CBD and the iconic "The Strand" , it combines convenience with a desirable lifestyle. Easy access to major arterial roads, and close to the air port as well, this spot has a lot of future potential.
Unit 1 features:
- Larger of the two units
- Enclosed front yard
- Single Carport
- Generous living room
- 2 spacious bedrooms, both air conditioned with BIW.
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- Bonus large rumpus room located at the back of the unit.
- Internal laundry
- Outside undercover patio
- Large yard, equipped with a shed which is shared between the two units.
- Currently rented for $280.00 p/w, on a periodic lease, Current rent Appraisal of $340-$360 per week
- Last rent increase occurred 13/02/2024
Unit 2 features:
- Smaller of the two units
- Enclosed front yard
- Single Carport
- 2 spacious bedrooms, both air conditioned and 1 with a BIW
- Freshly renovated modern bathroom
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- External laundry, behind a lockable gate
- Large yard, equipped with a shed which is shared between the two units.
- Currently rented for $280.00 p/w, lease until May 2025
- Last rent increase occurred 23/05/2024
The current rent return is $560.00 per week, however with the option to increase the rent to current market value. (12 months after the last rent increase date) you could receive a return between $680 - $700 per week.
No body corporate fees!
Rates approx. $7000 per annum
As this property is currently tenanted, please contact Karlee Burbidge and Santo Spinella to arrange a viewing of this property as soon as possible. Great investments like these do not last long so be quick to check it out!!
Explore the area
School catchments
- Garbutt State School Primary Prep-6 Government 0.81km
- Belgian Gardens State School Primary Prep-6 Government 1.4km
- Marian Catholic School Primary Prep-6 Catholic 2.1km
- Townsville West State School Primary Prep-6 Government 2.6km
- Townsville Grammar School Secondary Prep-12 Independent 2.6km
- Currajong State School Primary Prep-6 Government 2.6km
- St Margaret Mary's College Secondary 7-12 Catholic 2.8km
- Hermit Park State School Primary Prep-6 Government 2.9km
- Queensland Pathways State College - Townsville Campus Secondary Government 3.1km
- Townsville Christian College Combined Prep-12 Independent 3.1km
- Townsville Central State School Primary Prep-6 Government 3.2km
- Townsville State High School Secondary 7-12 Government 3.4km
- Pimlico State High School Secondary 7-12 Government 3.4km
- Vincent State School Primary Prep-6 Government 3.7km
- St Patrick's College Townsville Secondary 7-12 Catholic 3.7km
- St Joseph's Catholic School, The Strand Primary Prep-6 Catholic 3.8km
- Mastery Schools Australia - Vincent Primary Temporary Facility Primary Independent 3.8km
- Mastery Schools Australia - Vincent Secondary Temporary Facility Secondary Independent 3.8km
- Railway Estate State School Primary Prep-6 Government 4.0km
- St Joseph's Catholic School Primary Prep-6 Catholic 4.1km
- Mundingburra State School Primary Prep-6 Government 4.1km
- The Cathedral School of St Anne and St James Combined Prep-12 Independent 4.3km
- Heatley Secondary College Secondary 7-12 Government 4.3km
- Townsville-Thuringowa Centre for Continuing Secondary Education Secondary Government 4.3km
- Tec-NQ - Rosslea Campus Secondary Independent 4.5km
- Calvary Christian College Combined Prep-12 Independent 4.8km
- Ignatius Park College Secondary 7-12 Catholic 5.3km
- Annandale Christian College Combined Prep-12 Independent 6.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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