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23 Lemonwood Court, Douglas QLD 4814

Under Offer

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$620k - $682k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 1 Car 352 m²

Listed: 16 days ago

Updated: 8 hours ago

Overview

Situated in the popular suburb of Douglas, this tidy house presents a practical opportunity for investors looking for a solid rental income or buyers wanting a low-maintenance residence. Well-positioned near key local amenities such as James Cook University, Townsville University Hospital, and Lavarack Barracks, the convenient location offers easy access to educational, healthcare, military, and recreational facilities.

The home is currently tenanted until September 2027, yielding a consistent weekly rental return of $550, which appeals to those seeking immediate rental income without the management hassle. Inside, the property includes three comfortable bedrooms and a modern kitchen equipped with ample storage and bench space, addressing everyday functional needs.

Additional living spaces are designed for versatility with separate dining and lounge zones, enhanced by air-conditioning and ceiling fans throughout to maintain comfort in the Queensland climate. The main bathroom is spacious, while security screens add an extra layer of safety and peace of mind.

Fully fenced yard and a covered rear patio offer outdoor living potential and privacy, suitable for family activities or entertaining guests.
The single lock-up garage provides secure parking and additional storage options.

Overall, 23 Lemonwood Court combines convenience, comfort, and a strong investment case, thanks to its secure tenancy and desirable location. It is an ideal choice for investors looking to add a stable asset to their portfolio or any buyer seeking a manageable and well-situated property with established income.

Local Market Insights

In Douglas, Quiet Listings observed 262 new houses entering the market over the last 30 days, up from 45 during the previous 30-day period, with an average advertised asking price of $577,788. 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 Douglas 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.