423 Ross River Road, Cranbrook QLD 4814

Solid Duplex Investment in a High-Growth Location

DuplexSemi-detached
Type
4
Bedrooms
2
Bathrooms
4
Parkings
278.0 m2
Area

Last updated on Monday, July 06, 2026 ( See property details for 423 Ross River Road, Cranbrook QLD 4814)

$750,000

Varun Pinto SALES & MARKETING CONSULTANT
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained duplex offering two self-contained units with strong rental potential in a highly convenient central location in Cranbrook.

🏡 Property Highlights

  • Two fully self-contained residences with private access
  • Excellent rental income with tenants in place until 2026 and 2027
  • Strong rental growth potential with current appraisal of $420-$440 per week per unit
  • Well-maintained solid block construction with low-maintenance living
  • Prime central location close to major amenities and transport
  • Private courtyards and pet-friendly yards for added tenant appeal

✨ Key Features

  • Solid block
  • Two fully self-contained residences
  • 2 bedrooms
  • 1 bathroom
  • 2 carport spaces per unit
  • Split-system air conditioning
  • Private courtyards
  • Independent access
  • Fully fenced yards
  • Security screens

Cranbrook is a highly sought-after suburb in Townsville, renowned for its convenience and connectivity. It offers easy access to major shopping centres, educational institutions, healthcare facilities, and recreational trails. The area boasts strong rental demand, making it ideal for investors. Its well-established community and proximity to amenities ensure a vibrant, accessible lifestyle for tenants and residents alike.

What is the current rental income and potential for growth?
The property currently generates $360 per week per unit, with a rental appraisal of $420-$440 per week per unit, indicating strong potential for rental growth.
Are there any ongoing maintenance or repair issues?
The duplex has been exceptionally well maintained, with no current issues reported, ensuring low ongoing maintenance costs.
What are the lease terms and tenant details?
Unit 1 has tenants since October 2025, leased until January 2027, while Unit 2 has tenants since 2022, with a lease until October 2026, both tenants are satisfied and wish to remain.
What are the property’s zoning and compliance details?
The property is a solid block duplex with independent access and complies with local zoning regulations for dual residences in Cranbrook.
Are there any upcoming developments or planning activities nearby?
There are no known upcoming developments that would impact the property; it is situated in a well-established, highly connected area.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the property been inspected for any structural issues or pests? Are there any restrictions or easements affecting the property or land use? Is the property compliant with all local council regulations and building codes? Are there any planned developments or zoning changes in the vicinity that could affect value? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in the area? Are there any noise or nuisance issues from nearby facilities or traffic? What are the terms of the current leases, and are there any rent increase restrictions? Are there any upcoming community or infrastructure projects that could impact the area?

423 Ross River Road, Cranbrook QLD 4814 - More Details

Solid Duplex Investment in a High-Growth Location

Type
DuplexSemi-detached
Bedrooms
4
Bathrooms
2
Parkings
4
Area
278.0m2

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