Set in a highly sought-after central location, this solid block-constructed duplex in the heart of Mundingburra is the ultimate low-maintenance investment. With two spacious units, both leased to long-term tenants and a generous 997m² allotment, this property offers strong returns and excellent future potential.
Unit 1 - Rented at $240/week (Lease to January 2026)
Featuring two bedrooms, one bathroom, a practical kitchen, generous living area, single carport and it's own garden shed. The current long-term tenant is secured until January 2026, offering reliable income.
Unit 2 - Rented at $240/week (Lease to May 2026)
This unit also includes two bedrooms, one bathroom and a single lock-up garage. Leased until May 2026, the long-term tenant keeps the property in excellent condition. It also includes its own garden shed, perfect for extra storage.
This is a rock-solid investment opportunity in one of Townsville's most consistently performing suburbs. With strong tenancies, a central location and a durable build, this property is ideal for investors looking for reliable returns and long-term growth.
Key Features:
• Each unit features two bedrooms and 1 bathroom
• Solid block construction - built to last and easy to maintain
• Two spacious units - with functional layouts and private yards
• Exclusive garden shed in each fully fenced yard
• Combined rental income of $480/week
• Updated rental appraisal available on request
• Council Rates approx $7,535.66 per year
• No Body Corporate Fees
• Both units leased to long-term tenants
• Expansive 997m² allotment - with future potential for enhancements
• Centrally located - close to schools, parks, shops, and public transport
