15 Railway Street, Cloncurry QLD 4824

Duplex zoning | 4 car spaces | 810m² lot | school catchment | 8 days on market The property presents as a rare duplex configuration on a single title in Cloncurry, offering two separate income streams from one purchase. The 810m² lot with four car spaces and separate garaging provides genuine flexibility for an owner-occupier to live in one unit while renting the other, or for an investor targeting the tight local rental market where 4-bedroom houses have a median of $405,000. The school catchment proximity and 4G coverage add practical appeal for families or FIFO workers, while the absence of flood or bushfire overlays reduces insurance risk in a region where those overlays are common. The main risk is the building’s 1965 age with no recent renovation data, meaning capital expenditure on plumbing, roofing, or electricals could erode yield in the first three to five years. The conflicting unit valuations across sources suggest title complexity that a buyer must verify through a solicitor before exchange. Rental estimates are unavailable, so the buyer should stress-test cash flow at conservative rates. The 0% auction clearance for local 4-bedroom houses signals a soft market, so negotiate hard on the $480,000 list price. Hold this property for rental income rather than short-term flip, as land value in Cloncurry appreciates slowly.