14 Duggan Drive
Alligator Creek, QLD 4816

Overview

Peaceful Lifestyle, Proven Returns - Tenanted Acreage Opportunity

This property offers a tranquil and serene lifestyle combined with a proven rental return, making it an excellent investment opportunity. Situated in the peaceful area of Alligator Creek, the home is surrounded by expansive green fields and large blocks, providing ample space and privacy for residents.

Set on approximately one acre of land, the property benefits from a secure lease in place, ensuring immediate rental income. The home is positioned at the front of the property with gated road access, featuring a comfortable and practical layout that includes an open-plan kitchen and living area. The interior boasts generously sized bedrooms, offering plenty of room for relaxed and comfortable living.

Outside, the property is enhanced by a new rear fence and a small garden shed, with plenty of space to further develop or enjoy the extensive grounds. Additional features include a bore with taps located throughout the property, although currently not in use, and a 3x3 meter storage shed.

Investment highlights include a current lease at $460 per week, secured until May 10, 2027, with the next rental increase scheduled for May 9, 2027, presenting an opportunity to improve returns. The property has a reliable tenant in place, providing immediate income from settlement, and rates are approximately $2,098.91 per half year.

Key property features include three large bedrooms, full air-conditioning, a spacious and updated bathroom, an open-plan kitchen and living area, a single carport, and a large lockable storage room that doubles as a laundry.

Located in a peaceful setting, the property offers beautiful natural views towards the Mount Elliot ranges. Residents can enjoy a relaxed lifestyle while remaining within easy reach of local amenities. The Alligator Creek Community and Sports Club is a short walk away, and Fairfield Central is only a 15-minute drive, providing access to shopping, schools, and essential services. Townsville's central business district is approximately 20 minutes away, offering access to The Strand, dining, and entertainment options.

For those who enjoy outdoor activities, the location is ideal, with opportunities for boating, fishing, crabbing, freshwater swimming, and hiking all nearby. Alligator Creek and the National Park are just minutes away, providing excellent recreational options.

This property represents a unique opportunity for investors seeking strong and consistent returns or for buyers looking to secure a home with future lifestyle appeal in a peaceful and scenic location.

Disclaimer: The property boundaries and drone outlines have been provided to the best of the agent's ability. Buyers are encouraged to verify boundaries and zoning through official council mapping and conduct their own due diligence. All information is gathered from sources believed to be reliable, but interested parties should rely on their own enquiries to confirm accuracy. No liability is accepted for any loss or damage arising from reliance on this information.

Location