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Overview
This solidly constructed block home at 18 Cope Street stands out as a compelling opportunity for investors seeking stability and low maintenance in their property portfolio. Situated on a spacious 767 square meter corner block, the residence offers three fully air-conditioned bedrooms, promoting comfort in the tropical Queensland climate.
The property features a generously sized kitchen and lounge area that provide a functional and inviting living space. Its low-maintenance design, featuring a solid block structure topped with a durable colorbond roof, ensures ease of upkeep for tenants or owners alike.
A large double garage adds valuable secure parking and storage space, complementing the rear patio that encourages outdoor relaxation or entertaining. Importantly, the home is tenanted under a long-term lease arrangement, offering an immediate and proven income stream to the astute buyer.
Located in Stuart, the property benefits from close proximity to significant local amenities including major schools, a sporting complex, and the actively expanding Fairfield Shopping Precinct. This location, paired with a growing market value in Stuart, presents a lower risk investment with promising potential for financial growth over time.
Overall, 18 Cope Street is ideally suited to savvy investors seeking a straightforward, income-generating asset with minimal management requirements, positioned in a growth area with accessible community facilities.
Local Market Insights
In Stuart, Quiet Listings observed 12 new houses entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $663,500. The property type mix of listed properties is predominantly Houses at 86%, followed by units (7%), and villas (7%). The most active agency for houses in the Stuart area is currently Ray White, representing 17% 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.