Positioned in a high-demand growth corridor of Ipswich, 84 Thornton Street represents a premier, set-and-forget acquisition for astute investors seeking strong yield and immediate cashflow. Situated on a single title with no body corporate management or strata fees, this exceptionally maintained duplex generates a combined dual-income return of $1,020 per week ($53,040 per annum). Both residences feature modern, functional floor plans and are currently leased to reliable tenants—Side A returning $550 per week and Side B returning $470 per week. With immediate revenue from day one, dual tenant risk mitigation, and low ongoing holding costs, this turnkey asset is an ideal addition to any SMSF or residential investment portfolio.
Property Features:
- Dual-Income Stream $1,020/wk Total: With Side A leased at $550/week and Side B leased at $470/week.
- Rent appraisal of $550p/w for each property.
- Each side comprises 3 built-in bedrooms, 2 well-appointed bathrooms (including a private master ensuite), and a single remote lock-up garage.
- Both residences are well maintained with durable brick construction and modern interior finishes requiring minimal ongoing maintenance.
- Private Fenced Yards: Independent, low-maintenance rear yards for each dwelling, ensuring complete privacy for both tenancies.
- Generous Land Parcel: Set on an 800m² allotment with easy-care gardens and additional driveway parking for residents and visitors.
Location Benefits include:
- Located directly across from Expeditions Early Learning Journey (50m) and a short walk to Bethany Lutheran Primary School (400m); positioned within the desirable Raceview State School and Bremer State High School catchments.
- Minutes to local Raceview shops, Booval Fair Shopping Centre, and Ipswich Riverlink Shopping Centre for major supermarkets, specialty retail, and dining.
- Fast access to the Cunningham Highway and Centenary Highway, offering smooth commutes to the Brisbane CBD (approx. 40 minutes) and the Amberley RAAF Base.
- Conveniently close to Ipswich Hospital, St Andrew's Private Hospital, and USQ Ipswich Campus, driving consistent local rental demand from healthcare, defense, and education professionals.
- Surrounded by family-friendly parks, local sporting reserves, and public transport options, underpinning strong ongoing tenant retention.
Disclaimer:
NGU Real Estate | The Kimmorley Group has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
