82 Lockheed St, Garbutt is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 961m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
If you?re looking at a good long-term investment with and excellent yield then this one is certainly worth a look. This type of property, considering its location and quality is always in demand by quality long term renters.
This Duplex is very close to the city and to the Townsville airport. The property is just stone?s throw away from West End 4810 and Castle Hill 4810.
This is quite a unique property in the sense of it being situated on a large 961m2 block of land, and there are no rear neighbours.
It may be possible to apply 2 separate titles to this property, so it may be possible to sell them separately in the future, although this would have to be confirmed with a certifier, and with the Townsville City Council to make sure.
A duplex such as this can be very attractive to an investor, or you could live in one side and rent out the other side. The advantage to a unit is that you may not need a Body Corporate, this would in effect keep expenses to a minimum.
It?s a solid building & built from concrete block, so maintenance is usually a lot less than timber or fibro buildings.
. Both sides are soon to be rented at $510 per week (long leases)
. Rates approximately $6270 per year including water fees.
. Building insurance is approximately $1,700 per year.
Building features include;
. Land size is 961 square metres
. 6 Split air conditioners
. Built from concrete block
. Roof is iron
. 4 Bedrooms, 2 bathrooms, 2 Kitchens
. Fully fenced, new fence at the rear (not shown in photo)
. No Council Easements on the property.
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 2,439 properties. Over the last 5 years, Houses in Garbutt have seen a 96.79% increase in median value, while Units have seen a 117.16% increase. As at 30 November 2025:
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