An outstanding opportunity awaits at 7 Gulliver Street, Mundingburra, perfectly suited for investors, developers, or savvy homeowners seeking a versatile and high-potential property. Comprising two separate 2-bedroom, 1-bathroom units, both with spacious layouts and generous living areas, this property offers flexibility for dual-income investment, long-term rental returns, or owner occupancy. Unit 1 will become vacant at the end of its lease in October, providing the perfect opportunity to refurbish or personalise while Unit 2 continues to generate rental income on a periodic lease. This means you could work on upgrading or renovating one unit while still earning income from the other.
Set on a generous 1,485 m² block, the property also presents excellent development potential, with the option to subdivide into two separate lots. Whether your vision is to re-develop, renovate, expand, or modernise the units, this property provides both the space and flexibility to create something exceptional. Located in the highly sought-after area of Mundingburra, the property is close to schools, shopping, public transport, and local amenities, ensuring strong rental appeal and future growth potential.
This is more than just a property - it's a smart investment with immediate income, room for enhancement, and long-term development opportunities. Don't miss the chance to secure 7 Gulliver Street and make it your next strategic investment or redevelopment project.
Both units are currently paying $380 each, per week.
Rates: $ 3,767.83 - Twice a year
Features:
• Two separate 2-bedroom, 1-bathroom units
• Spacious layouts with plenty of living space
• Unit 1 vacant at the end of lease (Sept/Oct) - perfect for refurbishment or owner occupancy
• Unit 2 currently rented on a periodic lease - generating immediate rental income
• Potential to renovate one unit while still earning from the other
• Large block of land with optional development potential
• Opportunity to subdivide the land into two separate lots
• Ideal dual-income investment or redevelopment project
• Located in sought-after Mundingburra, close to schools, shops, public transport, and local amenities
• Flexible property with strong long-term growth potential
McDonough Property Townsville has taken all reasonable care in preparing the information provided and believes it to be correct at the time of publication. However, no warranty or representation is made as to its accuracy, reliability, or completeness. McDonough Property Townsville accepts no liability for any errors, omissions, or inaccuracies contained herein. Prospective purchasers are strongly advised to conduct their own investigations and obtain independent professional advice to verify the information before making any purchasing decisions
