5/90 Dearness Street, Garbutt QLD 4814

Positioned within a quiet, well-maintained complex, this neatly presented two-bedroom unit presents an excellent opportunity for both investors seeking immediate income and local buyers planning to move in once the current lease concludes.

The practical layout includes two well-proportioned bedrooms, both fitted with built-in wardrobes, a central bathroom and an open-plan living and dining area designed for easy, low-maintenance living. Comfort is assured year-round with split system air conditioning to the main living area, main bedroom and secondary bedroom. An internal laundry adds everyday convenience. A secure single garage provides parking plus the added benefit of a separate storage room, while the rear secured patio offers a private outdoor area.

The property is currently leased at $350 per week until 12/05/2026, with the most recent rent increase applied on 13/05/2025, delivering stable income in the short term while allowing future owner-occupiers time to plan their move.

Property Features:
• Neatly presented two-bedroom unit
• Built-in wardrobes to both bedrooms
• Open-plan living and dining layout
• Split system air conditioning to living area and both bedrooms
• Functional kitchen
• Central bathroom
• Internal laundry
• Secure single garage
• Separate storage room
• Private, secured rear patio
• Quiet, established complex
• Body Corp Approx. $3,000 yearly
• Rates & Utilities Approx. $2,000 half yearly
• Rental Appraisal: $420/w - $440/w

A flexible purchase offering immediate return with the option to occupy in the near future. Enquire today for further details.