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28 Halifax Street, Garbutt QLD 4814

Offers Over $680,000

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$600k - $700k High Confidence Calculated based on strong search observations.

House 5 Beds 2 Baths 4 Cars 809 m²

Listed: 48 days ago

Updated: 6 hours ago

Overview

28 Halifax Street in Garbutt offers a unique investment opportunity with two separately metered houses situated on a sizable 809 square metre block. This dual-residence configuration features a blend of functional, easy care layouts including a two-bedroom, one-bathroom home and a three-bedroom, one-bathroom home, creating multiple income streams for prospective investors.

The property's setup is ideal for those seeking to diversify their investment portfolio or expand their holdings, with strong potential to add value over time through upkeep and enhancements. The presence of two individual dwellings maximizes rental yield possibilities and provides flexibility in tenant arrangements.

Beyond the versatility of the buildings themselves, the block is attractively sized for a central location, allowing for easy maintenance while offering enough space for outdoor features such as a deck, which enhances lifestyle options for tenants or future owner-occupiers.

Strategically positioned in Garbutt, the property benefits from proximity to local shops, schools, public transport, and is conveniently close to Townsville Airport as well as the Townsville CBD and The Strand. This accessibility enhances the property's appeal to a wide range of renters or buyers, from working professionals to families seeking convenient access to amenities and transport hubs.

Two separate houses on one block, each with its own metering
Five bedrooms in total across both properties
Two bathrooms and four parking spaces, catering well to tenants and visitors
Well-suited for investors targeting dual income or value-add potential
Location that offers convenience and connectivity within Townsville’s urban area

This solid investment option represents another step for discerning buyers looking to capitalize on Townsville’s rental market with a dual dwelling setup that promises both flexibility and income generation in a convenient and accessible location.

Local Market Insights

In Garbutt, Quiet Listings observed 264 new houses entering the market over the last 30 days, up from 44 during the previous 30-day period, with an average advertised asking price of $602,835. The property type mix of listed properties is predominantly Houses at 90%, followed by units (4%), and townhouses (2%). The most active agency for houses in the Garbutt area is currently Elite Properties, representing 70% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.