14 Weaver Street, Heatley, Qld 4814 - More Details
$850,000
A unique dual-income duplex opportunity with genuine dual-living potential, 14 Weaver Street offers flexibility for investors, extended families or buyers looking for additional space and multiple income streams.
The property comprises two separately tenanted two-bedroom units, with Unit A offering substantial enclosed under-house space including a kitchenette, bathroom, laundry and an additional air-conditioned living and multipurpose room. This creates excellent potential for dual living, extended family, older children, guests, a home office or additional living space, while maintaining separation from the main residence.
UNIT A - DUAL-LIVING POTENTIAL
• Two bedrooms and one bathroom upstairs
• Private, fully fenced courtyard and established gardens
• Secure fencing with room for multiple vehicles
• Tidy kitchen and bathroom with ample bench and cupboard space
• Large, fully tiled open-plan living and dining area
• Good-sized bedrooms with air conditioning
• Security screens to most windows and doors
• Individually metered
• Garden shed and additional storage
• Fully enclosed under-house area with kitchenette, living area, bathroom, laundry and additional room
• Excellent flexibility for dual living or extended family
• Long-term tenant secured until September 2027 at $520 per week
UNIT B
• Two bedrooms and one bathroom
• Private, fully fenced courtyard with established gardens
• Light and bright interiors with air conditioning throughout
• Tidy kitchen and bathroom
• Undercover parking for one vehicle
• Secure, lockable under-house storage
• Long-term tenant in place until September 2027 at $370 per week
• Unit B also presents the potential to explore developing the downstairs area in a similar style to Unit A
INVESTMENT APPEAL
The property currently generates a combined rental income of $890 per week, equating to approximately $46,280 per annum, with long-term tenants already secured.
A recent rental appraisal indicates the potential for increased rental returns once the current leases conclude, with estimated future rents of:
• Unit A: $580-$620 per week
• Unit B: $490-$520 per week
These figures are estimates only and are subject to market conditions, property presentation and achievable rents at the time of reletting. The existing leases remain in place until September 2027, providing current income while offering investors a longer-term opportunity to review rental returns.
Unit A's additional enclosed downstairs area provides valuable flexibility and genuine dual-living potential, offering separation for family members or guests without compromising the independence of the main residence.
Whether you're looking to enter the property investment market, add to an existing portfolio, accommodate extended family or secure a property with multiple income streams, 14 Weaver Street presents an opportunity worth considering.
Conveniently positioned within walking distance of primary and secondary schools, parks and sporting clubs, the property offers practical living, established rental income and excellent flexibility in an established Heatley location.
• Heatley State School
• Heatley Secondary College - approximately 1.1 km.
• Townsville Stockland Shopping Centre - approximately 4 minutes by car.
• Willows Shopping Centre - approximately 6 minutes by car.
• James Cook University - approximately 5-6 km from Heatley.
Contact Coralie Macdonald on 0413 450 652 for more information and to arrange a private inspection.
Disclaimer: All care has been taken in the preparation of this information; however, Ray White Townsville makes no representation or warranty as to its accuracy. Interested parties should make their own enquiries and rely on their own investigations. Photos are for illustrative purposes only. Furniture and tenants' personal belongings have been digitally removed from selected images for marketing purposes.
- Type
- Block Of Units
- Bedrooms
- 4
- Bathrooms
- 3
- Parkings
- 4
- Area
- 622 m²
