1/34 Castleview Lane, Garbutt is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2020. The property has a land size of 107m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom House sold in Garbutt in the last 12 months.
Positioned within HAVEN, Townsville's sought-after boutique inner-city estate, this modern, street-front residence presents an outstanding opportunity for investors seeking immediate returns and long-term growth in a premium lifestyle location. Currently leased to a reliable long-term tenant at $410 per week until 04/09/2026, this is a ready-made investment offering secure income from day one.
Ideally located just minutes from The Strand, Castle Hill walking tracks, and the CBD's vibrant dining and business precinct, the property's blue-chip position ensures ongoing tenant demand and strong future appeal.
Thoughtfully designed for low-maintenance living, the home features high ceilings, modern downlights, and full security screening throughout, enhancing comfort, airflow, and peace of mind. The functional layout includes two bedrooms with built-in robes, with the master enjoying private outdoor access and direct bathroom entry. A contemporary kitchen with stone benchtops, dishwasher, and plumbed fridge space overlooks the open-plan living and dining zone, while a private internal courtyard adds valuable outdoor space highly sought after by tenants.
A spacious modern bathroom with walk-in shower and floating vanity, air conditioning, and a single automatic lock-up garage with laundry and internal access complete this practical and appealing investment package.
Investment Highlights:
Leased at $410 per week until 04/09/2026
Long-term tenant already in place
Street-front position in boutique estate
High ceilings and modern finishes
Fully security screened
Low-maintenance design ideal for tenants
Prime inner-city location near lifestyle amenities
Rates approx $2,092.35 per half (includes water)
Sellers disclosure available on request
This is a rare chance to secure a modern, income-producing property in a tightly held estate where location, quality, and strong rental appeal combine to create a smart addition to any portfolio.
Disclaimer: Ray White Townsville and Coralie Macdonald have prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
The size of Garbutt is approximately 12.0 square kilometres. It has 6 parks covering nearly 1.3% of 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 2,444 properties. Over the last 5 years, Houses in Garbutt have seen a 100.33% increase in median value, while Units have seen a 147.34% increase. As at 28 February 2026:
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