19 Duchess Rd, Mornington is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1970. The property has a land size of 216m2 and floor size of 48m2.
Calling smart investors who are in the know - this is the one.
Opportunities like this don't sit around - and those watching the Mount Isa market will know exactly why.
This solid, block-built complex of four units delivers what every investor is chasing: strong returns, secure tenancies, and future upside.
The Breakdown:
- 4 units total:
- 2 x two-bedroom units.
- 2 x one-bedroom units.
Built to Last:
- Solid block construction.
- Split system air-conditioning throughout.
- Full security screens to all units.
- Mix of vinyl flooring and carpet.
- 4-bay carport (constructed 2015).
- Large communal rear yard, with potential to increase value and rental appeal by adding private courtyards (STCA).
Where It Gets Interesting:
- Consistent rental history with 11%+ gross return
- Strong tenancy profile.
- Low vacancy rate history.
- One long-term tenant in place for 17 years.
- One unit leased to a government-funded community organisation.
- Renovation possibilities to increase return.
Savvy investors will appreciate that the complex is fully subdivided and operating with no body corporate, keeping costs low and control in your hands.
This also unlocks future potential to sell off individual units or part of the complex, allowing you to realise value over time.
Whether you're looking to expand your portfolio or secure a high-yield, low-maintenance investment, this property ticks all the boxes.
The size of Mornington is approximately 1.0 square kilometres. It has 2 parks covering nearly 9.8% of total area. The population of Mornington in 2016 was 1764 people. By 2021 the population was 1846 showing a population growth of 4.6% in the area during that time. The predominant age group in Mornington is 30-39 years. Households in Mornington are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a professional occupation.In 2021, 32.80% of the homes in Mornington were owner-occupied compared with 38.50% in 2016.
Mornington has 999 properties. Over the last 5 years, Houses in Mornington have seen a 11.11% increase in median value, while Units have seen a -29.18% decrease. As at 30 April 2026:
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