70 Lonerganne St, Garbutt is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 599m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 6 bedroom Unit sold in Garbutt in the last 12 months.
Positioned in a convenient and strategically located pocket of Garbutt, 70 Lonerganne Street presents a rare opportunity to secure a block of three units on one title in an area consistently sought after by tenants working nearby.
Located just minutes from the Townsville Airport and the RAAF Base, this property sits in a high-demand rental corridor, making it an appealing prospect for investors looking to add value and capitalise on strong tenant demand.
Each unit offers the foundations of a solid investment, with the opportunity for renovation and improvement to unlock further potential. With some work and vision, this property could be transformed into a high-performing asset delivering strong long-term returns.
Why Investors Will Love It:
* Three units on one title
* Opportunity to renovate and increase value
* Strong rental demand due to proximity to the airport and RAAF Base
* Located in a convenient central location close to the CBD, transport and major employment hubs
* Potential to improve rental returns with upgrades
Garbutt has long been popular with both tenants and investors thanks to its central location, easy access to major infrastructure, and proximity to employment hubs. Properties offering multiple income streams in this area are tightly held and increasingly difficult to secure.
For investors with vision, this is the type of opportunity that can deliver both immediate income and future upside.
Opportunities like this don't come along often, contact us today to arrange an inspection or request further information.
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 2,448 properties. Over the last 5 years, Houses in Garbutt have seen a 110.43% increase in median value, while Units have seen a 131.70% increase. As at 31 March 2026:
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