33 Thompson Avenue

Mount Morgan QLD 4714

596 m²

House

Currently for sale - view listing

Overview

Affordable High-Yield Investment Under $350k

Returning $370 per week (~5.6%+ yield) with lease secured until January 2027. Affordable entry-level investment with strong rental demand. Positioned in a quiet street of Mount Morgan, this solid 3-bedroom home presents an excellent opportunity for investors seeking immediate rental return and long-term potential. Currently tenanted at $370 per week with a lease secured until 19 January 2027, the property offers a stable income stream from day one. Set on a 596m² allotment, the home features a practical layout with comfortable living spaces and scope to further enhance value over time. The property is well suited to investors looking for an affordable entry point into the market with consistent tenant demand. Mount Morgan continues to attract attention due to its affordability and proximity to Rockhampton, making it a popular choice for investors seeking value and growth potential. Conveniently located close to local shops, schools and everyday amenities, this is a low-maintenance investment with upside. Key Features: 3 bedrooms, 1 bathroom, 1 car accommodation 596m² allotment Currently rented at $370 per week Lease in place until 19 January 2027 Affordable investment opportunity Strong rental demand location Important Information: The property is currently connected to a shared septic system. A letter from Fitzroy River Water outlines a pathway to connect the property to the town sewer network, with indicative costs available. Buyers are encouraged to make their own enquiries regarding services to the property.