92 Love Lane

Mundingburra QLD 4812

680 m²

Duplex Semi-Detached

Currently for sale - view listing

Overview

Investor's Dream!

Why settle for one rental income when you can have two? This solid duplex presents an exciting opportunity for investors looking to enter the Townsville property market or add to their existing portfolio. Both units are currently tenanted, with Unit 1 returning $360 per week and Unit 2 also returning $360 per week. Both properties are home to long-term tenants, providing an established rental history and ongoing income from day one. Property Features: • Two separate 2-bedroom units • One bathroom per unit • Good-sized living areas • Dedicated car space for each unit • Solid brick construction • Flood-free location • Great-sized corner block • Long-term tenants in both units • Combined rental income of $720 per week • Unit 1 features a good-sized, fully fenced yard • Potential to extend the yards towards the front, subject to any necessary approvals • Unit 2 also benefits from its corner position, providing potential to make further use of the surrounding yard space. • The tenants have clearly taken pride in the property, with both yards and gardens well maintained, adding to the overall appeal of this investment. A Convenient Location: • Positioned close to parks, shops, schools, Townsville Golf Club, the Ross River and walking tracks, the property offers tenants the convenience of having many everyday amenities close by. • With two rental incomes from the one property, solid construction and established tenants, this is an opportunity worth putting on your inspection list. Townsville's rental market continues to experience strong demand, with low vacancy levels and increasing rents in many areas. With the local property market also showing signs of recovery, now could be an opportunity to secure a dual-income investment. Returning $720 per week, this duplex deserves your attention. Opportunities to secure properties offering two rental incomes don't come along every day. Inspect today and make your offer before this one is gone!