Positioned in a convenient and strategically located pocket of Garbutt, 70 Lonerganne Street presents a rare opportunity to secure a block of three units on one title in an area consistently sought after by tenants working nearby.
Located just minutes from the Townsville Airport and the RAAF Base, this property sits in a high-demand rental corridor, making it an appealing prospect for investors looking to add value and capitalise on strong tenant demand.
Each unit offers the foundations of a solid investment, with the opportunity for renovation and improvement to unlock further potential. With some work and vision, this property could be transformed into a high-performing asset delivering strong long-term returns.
Why Investors Will Love It:
* Three units on one title
* Opportunity to renovate and increase value
* Strong rental demand due to proximity to the airport and RAAF Base
* Located in a convenient central location close to the CBD, transport and major employment hubs
* Potential to improve rental returns with upgrades
Garbutt has long been popular with both tenants and investors thanks to its central location, easy access to major infrastructure, and proximity to employment hubs. Properties offering multiple income streams in this area are tightly held and increasingly difficult to secure.
For investors with vision, this is the type of opportunity that can deliver both immediate income and future upside.
Opportunities like this don't come along often, contact us today to arrange an inspection or request further information.
