{"Slug":"unit-83-palmerston-drive-goondi-bend-qld-4860-2","CanonicalUrl":"https://realsearch.com.au/unit-83-palmerston-drive-goondi-bend-qld-4860-2","Address":"83 Palmerston Drive, Goondi Bend, Qld 4860","Suburb":"Goondi Bend","State":"QLD","Postcode":"4860","PropertyType":"Unit","Status":"Sold","Headline":null,"Description":"Set in one of North Queensland’s tightest rental markets, this solid two-storey duplex offers the kind of investment buyers are always chasing — immediate income, long-term growth potential, and clear scope to improve returns further.Built from low-maintenance concrete block construction, the property comprises two spacious 3-bedroom, 1-bathroom units, both currently tenanted and already producing a combined rental income of $725 per week.The InvestmentThe downstairs unit has recently been renovated and presents well, featuring a modern kitchen and tiled flooring throughout. This unit is currently returning $420 per week.The upstairs unit is currently returning $325 per week and offers clear potential to increase the rent to around $420 per week with similar upgrades to the downstairs unit.With both units already leased, the property provides immediate rental income from day one, while still offering a strong value-add opportunity for the future.The OpportunitySitting on a generous allotment of over 1,700m², there may also be potential for further development or additional improvements, subject to council approval. This gives the property an extra layer of long-term upside beyond the current rental return.LocationPositioned in Goondi Bend, just minutes from schools, shopping, local services and the Innisfail CBD, the duplex is well located for tenants and well placed to remain a strong long-term rental investment. With rental properties still in high demand across the Cassowary Coast Region, this is a practical and reliable addition to any portfolio.Key DetailsTwo-storey duplex2 x 3-bedroom, 1-bathroom unitsBoth units currently tenantedCurrent combined rental income of $725 per weekDownstairs unit renovated and returning $420 per weekUpstairs unit currently returning $325 per weekPotential to increase upstairs rent to around $420 per week with upgradesSolid concrete block constructionLow-maintenance investmentLarge 1,700m²+ allotmentPotential future development upside, subject to council approvalMinutes to schools, shops and the Innisfail CBDA solid, income-producing investment with tenants already in place, strong rental demand, and plenty of future upside.Inspections by appointment, Contact Newton Property GroupProperty Code: 349","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":450000.00,"Display":"$450,000"},"Bedrooms":"6","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"6"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-17.52204145,"Longitude":146.01156838,"Agent":{"Name":"Krystal Newton","CanonicalUrl":"https://realsearch.com.au/agent/krystal-newton"},"Agency":{"Name":"Newton Property Group - MERRYBURN","CanonicalUrl":"https://realsearch.com.au/agency/newton-property-group-merryburn"},"CreatedAt":"2026-08-06T11:35:57.5708494","UpdatedAt":"2026-09-30T14:07:36.46"}