DUAL INCOME GOVERNMENT LEASED INVESTMENT - $92,300 PA
Positioned in the high-demand mining town of Weipa, this rare dual-income, freehold investment delivers strong cash flow backed by a secure government tenant making it an outstanding addition to any investor portfolio.
Investment Highlights
- $1,755 per week rental income
- $92,300 per annum return
- Government tenant Queensland Corrective Services
- Leases expire 11/2027
- Dual-income on one title
Property Configuration
- Unit 1: 2-bedroom $850/week
- Unit 2: 3-bedroom $925/week
- One dwelling smartly configured into two separate income streams
Recent Improvements
- Fully air conditioned
- New Colorbond fence currently being completed
- Low-maintenance setup ideal for remote investors
Why Weipa?
- Strong rental demand driven by the mining sector
- Tight vacancy rates
- High-yield investment market attracting interstate buyers
- Reliable tenant base including government and contractors
Why This Property Stands Out
- Government-backed tenancy reduces vacancy risk
- Dual income provides diversified rental security
- High yield compared to metro markets
- Suitable for SMSF, passive income or portfolio expansion
- Two street frontage
Investor Takeaway
Properties with:
Government lease
Dual income
Great return
are rarely available and are often secured quickly by savvy investors. If you don't want to miss out on this great investment property call today!
Property Code: 370
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