45 Lockheed StreetGarbutt QLD 4814
Property Details for 45 Lockheed St, Garbutt
45 Lockheed St, Garbutt is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 523m2 and floor size of 64m2.
Last Listing description (July 2026)
Discover a superb investment opportunity in this modern duplex, built in 2017, which features two identical units. Each side of the duplex offers two bedrooms and two bathrooms, complete with a single lock up garage. The interiors are designed for comfort and ease with tiled flooring throughout the main living spaces and plush carpeting in the bedrooms. The first bedroom boasts an ensuite adding a touch of privacy and luxury while both bedrooms are fitted with built in robes for ample storage.
The heart of each unit is the open plan kitchen, dining, and living area which flows out to an inviting covered patio courtyard ideal for relaxation or entertaining. The kitchen is equipped with modern appliances and ample cupboard space. Additionally, each unit is fully air-conditioned to ensure comfort throughout the year and laundry facilities are conveniently integrated into the garage area.
Positioned on a corner allotment, the left side of the duplex enjoys a substantially larger yard than typically found in similar duplex designs. The corner position also offers the potential for side access through to the backyard, ideal for storing a trailer, boat, or additional vehicle.
From an investment perspective, these units are currently leased through Defence Housing Australia (DHA), providing a stable rental return of $510 per week per unit, totalling $1,020 per week. The DHA lease remains in place until November 2026, offering peace of mind with a secure long term tenant. DHA have offered a 6 year extension to the lease which would bring the new lease end date to November 2032 with a variable extension period of 3 more years. At the moment there is an option to purchase this duplex with the DHA lease ending November 2026 or with an extension of the lease to end on November 2032 with an additional 3 year option.
This property is an exceptional choice for investors seeking a hassle free addition to their portfolio with guaranteed returns and a quality build in a desirable location.
Property History for 45 Lockheed St, Garbutt, QLD 4814
- 05 May 2026Listed for Sale $950,000 ono
- 06 Dec 2017Listed for Sale $599,000
Recent sales nearby
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0About 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 110.88% increase in median value, while Units have seen a 137.11% increase. As at 30 June 2026:
- The median value for Houses in Garbutt is $661,907 while the median value for Units is $431,336.
- Houses have a median rent of $550 while Units have a median rent of $410.
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