10 Gorden Street, Garbutt, QLD 4814 | House for sale | OnTheHouse
 
FOR SALE
OFFERS OVER $595,000.00

10 Gorden Street
Garbutt QLD 4814

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Floor area: 98m2
Land area: 708m2
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$3,000 Per Month Income - Versatile Garbutt Investment Opportunity

Welcome to your next commercial investment property.
Positioned in a highly convenient Garbutt location just minutes from the Townsville CBD, this solid timber property presents an outstanding opportunity for investors seeking immediate income, a versatile property and excellent future potential.
Currently leased to a commercial business at $3,000 per month, the property offers an attractive income stream from day one, while its generous 708sqm fully fenced allotment, extensive shedding and central location add even further appeal.
Inside, the home retains plenty of character, with polished timber floorboards flowing throughout the majority of the property. Split-system air conditioning and ceiling fans provide year-round comfort, while security cameras add an additional level of practicality.
The kitchen features easy-care vinyl flooring, while to the rear of the property is a secure, lockable laundry and storage area.
One of the standout features is the impressive 6m x 9m shed, complemented by additional storage sheds, making the property particularly appealing to businesses, tradespeople, investors or buyers requiring substantial storage and workspace.
Property Highlights
• Currently commercially leased at $3,000 per month
• Solid timber construction
• Convenient Garbutt location close to the Townsville CBD
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Property Details for 10 Gorden St, Garbutt

10 Gorden St, Garbutt is a 3 bedroom, 1 bathroom House with 7 parking spaces and was built in 1950. The property has a land size of 708m2 and floor size of 98m2. The place is currently for sale with Raine & Horne Townsville.

Building Type
House
Year Built
1950
Floor Size
98m2
Land Size
708m2
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About Garbutt 4814

The size of Garbutt is approximately 12.0 square kilometres. There are 6 parks, covering nearly 1.3% of the total area. The population of Garbutt in 2016 was 2396 people. By 2021 the population was 2309 showing a population decline of 3.6% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Garbutt work in a community and personal service occupation.In 2021, 41.20% of the homes in Garbutt were owner-occupied compared with 37.50% in 2016.

Garbutt has 2,445 properties. Over the last 5 years, Houses in Garbutt have seen a 107.40% increase in median value, while Units have seen a 106.16% increase. As at 31 July 2026:

  • The median value for Houses in Garbutt is $662,287 while the median value for Units is $425,413.
  • Houses have a median rent of $565 while Units have a median rent of $440.
There are currently 20 properties listed for sale, and 30 properties listed for rent in Garbutt on OnTheHouse. According to Cotality's data, 122 properties were sold in the past 12 months in Garbutt.

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Steve Leaumont
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Scarlett Stinton
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Raine & Horne Townsville
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