36 Lancaster Street, Garbutt QLD 4814

This is quite a unique property in the sense of it having DUAL OCCUPANCY on a large 809 sq mt block & its across the road from a beautiful park.

These older suburbs close to the city centre have large blocks and wide streets. This duplex is just a few minutes drive from the city centre and its only 1 kilometre to the Townsville Airport, as for location, this one is hard to beat.

The Duplex has a long-term tenant leasing one side and the other side is vacant, so you can move into the vacant side and collect rent, or simply get a new tenant signed up and lease both sides for maximum income.

The property can do with a little TLC, but at this price and the potential rent return, it demonstrates great value for money!
Current rent return in the leased side is $220 per week.

This is a great investment to pick up before the market turns in Townsville, especially this close to the city and airport!

You may have to be quick on this one.