Back 74 River Street
Off Market

74 River Street

Mount Morgan QLD 4714

3
1
3
1.61 ha.
House
Last sold for $380,200
Barry NicholsonBarry Nicholson, last sold this property on 28 July 2025 after 47 days on market.

Overview

Charming Home on Expansive Block – Investment Opportunity!

Address: 74 River Street, Mount Morgan Land Size: 1.61 hectares (approx.) Rental Return: $370/week Lease Until: 11 March 2026 Nestled on a generous 1.61-hectare allotment, this well-positioned property offers a fantastic opportunity for investors or those looking to secure a future project. Currently tenanted and returning $370 per week with a lease in place until March 2026, it provides immediate income with strong potential for future value-adding. Property Features: • 2 bedrooms plus a sleepout – ideal for guests, office, or hobby room • Central living room with natural light and airflow • Combined kitchen and dining area – functional layout with renovation potential • Single bathroom in need of updating, with separate W.C. • Front veranda – a classic touch offering a relaxed entry space • Steel stumps and brick base – solid and elevated construction • Expansive block offering privacy, potential for subdivision (STCA), or lifestyle use Positioned in the quiet township of Mount Morgan, this property blends rural lifestyle with practical investment appeal. Whether you’re looking to landbank, renovate, or simply enjoy the rental return, this is a rare chance to secure a large parcel of land at a realistic price point. Recently the roof has been replaced bringing it up to current regulations. Contact Barry today to arrange an inspection or for more details on this promising opportunity! Please allow 48 hours to allow notification to tenants. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.

Features

3 bedrooms
1 bathroom
3 carspaces
3 garage spaces
1.61 ha. lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Morgan over the last 12 months, the estimated median property value of 74 River Street is $379.75k.

Median value
$379.75k
Estimated value range
$213k - $481k
Median days on market
52
Estimated value trend
35%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Morgan. 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 74 River Street

2025
Sold
$380,200
28 Jul 2025 by Barry Nicholson, of Mr Real Estate Rockhampton

Happy sellers in Mount Morgan

94%
94% of sellers in Mount Morgan reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 28 reviews in Mount Morgan over the last 12 months.

Local market activity for 3 bedroom houses in Mount Morgan

In the last 12 months, 33 three-bedroom houses similar to 74 River Street, have been sold.

This represents a 10% decrease in three-bedroom houses sales when compared to the previous 12 months.

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