Set on a generous 809sqm block, this solid brick duplex presents a prime investment opportunity with two units on one title and no body corporate fees! Located in the high-demand suburb of Hermit Park, this property enjoys consistently low vacancy rates thanks to its unbeatable location. Just a short stroll to local shops, parks, and public transport, it also offers quick access to the CBD, The Strand, Queensland Country Bank Stadium, and a variety of cafes and restaurants—making it highly desirable for tenants. With strong rental returns and long-term growth potential, this duplex is a fantastic addition to any investment portfolio! Each unit is fully air conditioned and consists of 2 bedrooms, 1 bathroom, a front and rear patio, large fully fenced backyard with garden shed and undercover car accommodation. Both units are tenanted and are returning $670 per week. Dual income properties like this one are highly sought after and don't last long in Townsville's booming market. Don't miss out! CURRENT LEASES: Unit 1: $330 p.w | Lease: 30/07/2024-28/07/2025 Unit 2: $340 p.w | Lease: 22/03/2025-23/03/2026 Yearly Return $34,840 EACH UNIT FEATURES: - Solid brick construction - Private, covered front & rear patio - 2 great size bedrooms - Full air conditioned with split system air conditioners - Spacious kitchen with electric oven and plenty cupboard space - Open plan lounge & dining area - Functional bathroom with walk in shower, vanity and storage - Separate toilet - Internal laundry - Large backyard with garden shed - Undercover car accommodation with separate driveway - Convenient and central location close to local shops, school, parks and public transport. A fantastic addition to any investment portfolio—don’t miss out on this income-generating gem!
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