19 Duchess Road

Mornington QLD 4825

626 m²

Block of units

Currently for sale - view listing

Overview

Strong returns, secure tenancies, and future upside.

Calling smart investors who are in the know - this is the one. Opportunities like this don't sit around - and those watching the Mount Isa market will know exactly why. This solid, block-built complex of four units delivers what every investor is chasing: strong returns, secure tenancies, and future upside. The Breakdown: - 4 units total: - 2 x two-bedroom units. - 2 x one-bedroom units. Built to Last: - Solid block construction. - Split system air-conditioning throughout. - Full security screens to all units. - Mix of vinyl flooring and carpet. - 4-bay carport (constructed 2015). - Large communal rear yard, with potential to increase value and rental appeal by adding private courtyards (STCA). Where It Gets Interesting: - Consistent rental history with 11%+ gross return - Strong tenancy profile. - Low vacancy rate history. - One long-term tenant in place for 17 years. - One unit leased to a government-funded community organisation. - Renovation possibilities to increase return. Savvy investors will appreciate that the complex is fully subdivided and operating with no body corporate, keeping costs low and control in your hands. This also unlocks future potential to sell off individual units or part of the complex, allowing you to realise value over time. Whether you're looking to expand your portfolio or secure a high-yield, low-maintenance investment, this property ticks all the boxes.