6/11 Saint Francis Drive, Moranbah QLD 4744

High tenant concentration | rent reliant on single mining lease | strata constraints on value uplift | market volatility in resource town | liquidity risk on exit The core risk here is the lease-to-mining-company structure. It secures cash flow for three more years but locks the buyer into a single-tenant dependency typical of resource town housing. When the mining cycle turns, rents can drop 40-50% and selling timelines stretch. The claimed 10% yield is not guaranteed beyond 2027. This property should be held for cash flow only, not capital growth. Do not pay a premium for the rental guarantee. What makes this unit competitive is the rare combination of three ensuites, a double garage with high clearance for mining vehicles, and central location in a town with chronic undersupply. This is a purpose-built rental product that serves FIFO workers and mining management best. The buyer who understands the cyclical risk and buys below the $508K asking price with a target yield of 8% or more will be positioned to ride out downturns. Your next step is to stress test the cash flow at 70% occupancy and 6% vacancy cost to see if the deal holds