Positioned on a generous 809m² allotment in a convenient and central Gulliver location, this solid duplex presents an outstanding opportunity for investors looking to secure strong rental returns with future upside potential. Offered on one title, the property consists of 2 well-maintained units, each featuring 2 bedrooms, 1 bathroom, spacious living areas, and practical layouts designed for comfortable everyday living. Based on the current rental appraisal, each unit is estimated to achieve between $490–$520 per week as the existing lease terms expire progressively, highlighting the property's strong future rental growth potential. Currently returning a combined rental income of $800 per week, this duplex offers immediate cash flow with excellent upside moving forward. One tenancy is due for a rental increase in January 2027, while the second tenancy becomes eligible for review from March 2027 following its most recent increase earlier this year. Set in a high-demand rental location close to schools, public transport, shopping centers, parks, and only minutes to the Townsville CBD and hospital precinct, this is the kind of investment that ticks all the boxes for savvy buyers. Property Features: • Duplex on one title • 809m² block • 2 x 2-bedroom, 1-bathroom units • Spacious living and dining areas • Functional kitchens with ample storage • Air-conditioning • Good-sized bedrooms • Strong combined rental return of $800 per week • Potential future rental increase after January 2027 • Convenient central location close to major amenities • Ideal addition to any investment portfolio Whether you're looking to expand your portfolio, secure a high-yield investment, or landbank for the future, 29 Deschamp Street presents exceptional value in a sought-after location. Contact Shal Luka today for more information or to arrange an inspection. Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.
RealistIQ deal score
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RealistIQ estimate range: $544,000 - $1,009,000Wider ranges mean more uncertainty.
RealistIQ estimate$777,000
$544,000$1,009,000
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