Positioned on a central 607sqm allotment in sought after Mysterton, this well maintained duplex presents an outstanding opportunity to secure an established dual income investment with immediate cash flow and clear potential to increase returns over time. Comprising two self contained two bedroom residences, the property combines strong fundamentals with the opportunity to unlock additional value through future rental growth and cosmetic improvements.
Currently returning $400 per week, the property provides immediate income while offering significant upside. With current rental appraisals indicating $420-$450 per week per residence, investors have a clear pathway to increase returns as leases are renewed or updated. Each residence offers open plan living, two generous bedrooms, a spacious modernised bathroom, covered parking, an external laundry, and a fully fenced backyard, creating a practical, low maintenance investment in one of Townsville's most convenient locations.
The Property
- Duplex comprising two fully self contained residences
- Currently leased at $400 per week, providing immediate rental income
- Rental appraisal of $420-$450 per week per residence
- Combined potential rental income of $840-$900 per week
- Two bedrooms, one bathroom, and covered car accommodation to each residence
- Open plan kitchen, living, and dining areas
- Two generous bedrooms with built in wardrobes
- Air-conditioning to the living area and main bedroom
- External laundry to each residence, covered carports
- Large, fully fenced backyards with lawn lockers for additional storage
- Comfortable as is, with scope for cosmetic improvements to further enhance rental appeal and maximise returns
- Positioned on a central 607sqm allotment
The Location
- Centrally positioned in the highly sought after suburb of Mysterton
- Minutes from Hermit Park State School and Pimlico State High School
- Close to Mater Private Hospital Townsville
- Short drive to Castletown Shopping Centre and major retail amenities
- Easy access to public transport and the Townsville CBD
- Surrounded by local shops, parks, schools, and everyday conveniences
Features
- Air Conditioning
- Fully Fenced
- Built-in Wardrobes
