78 Lancaster Street, Garbutt QLD 4814

Inspect Today! An opportunity has presented itself with a fantastic dual residence investment that has consistently great returns on 809 m2. Positioned in one of Townsville’s city fringe suburbs of Garbutt and only a short distance to major shopping outlets, schools, city, The Strand and more! Both residence are currently leased and are gaining returns of $610 P/W – with no body corporate costs.

Current Property Features Include:

Dwelling 1

- 4 Bedroom house
- 1 Bathroom
- Multiple living spaces with tiles and timber flooring through out
- Air Conditioning
- Crimsafe screens
- Single carport
- New roof
- Fenced yard with room for pets & family

Dwelling 2

- 1 Bedroom studio
- 1 Bathroom
- Open plan design
- Crimsafe screens
- Outdoor entertainment area
- Single carport

This multi income investment is lowset and of timber construction and have been well maintained over the years, they are both have their own space, air conditioning and have great Tenants in place.

Current Rental Income: $31,720.00 P/Year
1) $350 P/W until 25/11/2024
2) $260 P/W until 05/08/2024

Current Rental Appraisal:
1) $420 P/W
2) $320 P/W

To inspect this great property or to find out more please call Gavin Micola today on 0407 159 314