328/41-51 Oonoonba Road, Idalia QLD 4811

Fully tenanted, furnished unit | 108sqm lot in secure complex | Suburb 14.5% growth, 4.1% yield | Near Precinct, Lavarack, hospital, university This unit offers a rare combination of immediate income and low-effort ownership, as it is currently tenanted and fully furnished, suiting an investor seeking a set-and-forget position. The 108sqm lot is compact but efficient, and the two-bedroom, two-bathroom configuration with an ensuite and open-plan living provides strong tenant appeal in a location with high rental demand driven by Lavarack Barracks, the hospital, and James Cook University. The secure complex and private balcony add to its competitive edge for professionals or couples. The primary risk is the valuation gap, with estimates ranging from $440,000 to $560,000, meaning the buyer must negotiate carefully to avoid overpaying. The 2008 build year may require near-term maintenance, and the shared parking arrangement could be a minor drawback for car-dependent tenants. However, the furnished status and strong suburb growth of 14.5% offer clear upside. This property should be held as a long-term rental, leveraging its location and tenancy for stable cash flow.