Back 1/90 Dearness Street
Off Market

1/90 Dearness Street

Garbutt QLD 4814

2
1
1
96 m²
106 m²
House
Last sold for $402,500
Team GRCTeam GRC, last sold this property on 13 August 2026 after -1 days on market.

Overview

Space, Location, Income Secured - This One Ticks Every Box!

Positioned as the first unit in a well-maintained complex of eight, this two-bedroom unit is exactly the kind of low-maintenance, income-producing asset savvy investors go looking for! Set in Garbutt, just a short drive from Townsville's CBD and with Townsville Airport on your doorstep, this location offers genuine convenience for tenants and future buyers alike. With a long-term tenant secured until January 2027, this one comes with the hard part already done, no vacancy risk, no lease-up costs, just a proven rental history from day one of settlement. Inside, the living areas and kitchen are a generous size, giving the current tenant, and any future one, genuine room to live, not just a place to store furniture. The master bedroom is huge, a standout in a two-bedroom floorplan, complemented by a second well-proportioned bedroom. The separate bathroom and toilet add everyday practicality, and the internal laundry means no trips outside for washing day. Fully air-conditioned throughout for year-round comfort, this unit also features a single lock-up garage plus a separate store room, a genuine drawcard for tenants and a point of difference from units offering carport-only parking. Out back, a fantastic paved courtyard rounds out the package, giving whoever's living there their own private outdoor space. Highlights: • First unit in a well-maintained complex of eight • Huge master bedroom with bult in mirrored robe • Separate bathroom and toilet • Internal laundry • Fully air-conditioned throughout • Generous living areas and kitchen • Single lock-up garage plus separate store room • Fantastic paved courtyard at the rear • Minutes from Townsville CBD and Townsville Airport Whether you're growing a portfolio or looking for your first investment property, this is a rare chance to buy with the income already secured. Contact Team GRC to find out more. For more information or to arrange your inspection, contact Team GRC today. Greg Boucher - 0407 316 141 | Rhi Heyboer - 0480 777 578 | Chris Dudley - 0407 096 826 | All information provided has been prepared with care; however, prospective purchasers are advised to conduct their own independent enquiries and rely on their own investigations. The vendor, agent, and agency make no representations or warranties regarding the accuracy or completeness of the information provided.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
96 m² floor area
106 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Garbutt over the last 12 months, the estimated median property value of 1/90 Dearness Street is $452.5k.

Median value
$452.5k
Estimated value range
$345k - $575k
Median days on market
21
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Garbutt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/90 Dearness Street

2026
Sold
$402,500
13 Aug 2026 by Team GRC, of Daring and Young Property

Happy sellers in Garbutt

80%
80% of sellers in Garbutt reported that their sale price either exceeded or met their price expectations.

Garbutt stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Garbutt over the last 12 months.

Local market activity for 2 bedroom houses in Garbutt

In the last 12 months, 6 two-bedroom houses similar to 1/90 Dearness Street, have been sold.

This represents a 133% decrease in two-bedroom houses sales when compared to the previous 12 months.

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