33 Thompson Avenue, Mount MorganQLD 4714

Listing data updated 8 June 2026

Returning $370 per week (~6% gross yield) with lease secured until January 2027. Priced to reflect future sewer connection works. Positioned in a quiet Mount Morgan street, this solid 3-bedroom home presents an affordable opportunity for investors seeking immediate rental return and long-term upside. Currently leased at $370 per week until 19 January 2027, the property offers stable income from day one while still providing scope for future improvement and value-add potential. Set on a 596m² allotment, the home features a practical layout with comfortable living spaces, under-house storage, and strong appeal to tenants seeking affordable accommodation within commuting distance of Rockhampton. With Mount Morgan continuing to attract investor attention for its affordability and yield, this property represents a value-driven opportunity at an accessible price point. Key Features: - Returning $370 per week - Lease secured until 19 January 2027 - Approx. 6% gross yield at asking price - 3 bedrooms | 1 bathroom | 1 car accommodation - 596m² allotment - Strong rental demand location - Affordable entry-level investment Important Information: The property is connected to a shared septic system. Fitzroy River Water has previously identified a pathway for connection to the town sewer network, with indicative costs available. Buyers are encouraged to make their own enquiries regarding current requirements, costs and services to the property.