55 Lowth Street

Positioned on a generous 1,012m² allotment in the heart of Rosslea, 55 Lowth Street presents a rare opportunity to secure a proven income-producing asset with immediate returns and exciting future potential. Comprising of three units, the property currently generates a combined rental income of $1,150 per week, delivering strong cash flow from day one. The configuration includes one spacious three-bedroom unit on the upper level, complemented by two well-appointed two-bedroom units' downstairs, creating diverse tenant appeal and multiple income streams.

The property's layout offers investors the advantage of spread tenancy risk while catering to a broad rental market, from families and professionals to couples and downsizers. With Rosslea's convenient location close to the Townsville CBD, major shopping centres, schools, public transport, the Townsville Hospital, James Cook University and Lavarack Barracks, demand for quality rental accommodation remains consistently strong. Adding further value is the substantial 1,012m² block, presenting potential for future enhancement, redevelopment opportunities, or additional improvements (subject to relevant approvals).

Opportunities to secure a multi-income property with both immediate returns and land-banking potential are becoming increasingly rare. Investment Highlights: Three-unit complex on a single title Combined rental income of $1,150 per week One 3-bedroom unit upstairs Two 2-bedroom units' downstairs Multiple income streams reduce vacancy risk Large 1,012m² allotment Potential to further add value or develop (STCA) High-demand rental location close to key amenities and employment hubs Strong cash flow with future growth potential Call Brenda Thompson 0447072899