1&2/92 Love Lane

Mundingburra QLD 4812

680 m²

Apartment

Currently for sale - view listing

Overview

Exceptional Duplex Investment with Immediate Dual Income

Positioned in the highly sought after suburb of Mundingburra, 92 Love Lane presents an outstanding opportunity to secure a fully tenanted duplex offering strong rental returns, low maintenance ownership, and excellent long term growth potential. Set on a generous 680m² allotment, this solid duplex comprises two self contained 2 bedroom, 1 bathroom units, each designed for comfortable, easy care living. Both units are currently leased at $360 per week, delivering a combined rental income of $720 per week from day one. With no body corporate fees, this is the ideal "set and forget" investment, providing investors with lower ongoing costs and reliable cash flow in a suburb renowned for its strong tenant demand. Property Features Fully tenanted duplex with immediate income Two spacious 2 bedroom, 1 bathroom units Both units leased at $360 per week ($720 per week combined) Generous 680m² block No body corporate fees Low maintenance investment with excellent holding appeal Strong rental demand in a blue chip Townsville location Excellent potential for future capital growth Ideally located close to quality schools, shopping centres, public transport, parklands, the Townsville CBD, James Cook University, and Townsville University Hospital, this is a quality investment in one of Townsville's most established and consistently popular suburbs. Whether you're looking to add a high performing asset to your portfolio or secure a reliable investment with immediate returns, 92 Love Lane, Mundingburra offers the perfect combination of income, convenience, and long term potential.