22/73 Centenary Drive N Middlemount QLD 4746

22/73 Centenary Drive N Middlemount QLD 4746
Long-term tenancy | Highset in popular estate | Split-system AC advantage | Walkable amenities | Strong rental yield This property presents a low-risk entry with immediate, secured income, offset by annual outlays of approximately $6,400 in rates and levies. The established tenancy until mid-2026 eliminates vacancy risk and provides cash flow certainty from day one. Its competitive price point for a four-bedroom house in a serviced estate positions it as a straightforward hold for a passive investor seeking yield over speculation. It stands out within the estate through its larger four-bedroom format and individually controlled split-system air-conditioning, a practical and cost-efficient feature over typical ducted systems. This configuration, combined with its walkable location, caters specifically to the family rental market, ensuring sustained demand. The property serves an investor prioritizing hands-off stability and reliable yield from a tenanted house in a community-focused location. Your next step is to validate the physical condition and body corporate health to secure this turnkey investment.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Middlemount is a remote mining town with a market defined by its industrial employment base. Demand is driven by the local and fly-in-fly-out workforce, creating a tight rental market with very low vacancy. Recent price growth has been strong, reflecting this sustained demand against limited housing supply. Future performance remains intrinsically linked to the health of the coal sector, with the remote location and economic concentration presenting ongoing sensitivity to commodity cycles.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1.96 ha

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