1 Narangi Street

Off Market

1 Narangi Street

Heatley QLD 4814

629 m²

Block of units

Last sold for $785,000

Terry Cochrane, last sold this property on 25 March 2025 after 60 days on market.

Overview

SOLD by Terry Cochrane of Belle Property Townsville.

CALLING ALL INVESTORS - APPROX 7.5% GROSS RETURN WITH THE POTENTIAL TO INCREASE YOUR RETURN EVEN FURTHER!! Don't miss this fantastic opportunity to buy & invest in Townsville's "RED HOT" property market. This fantastic corner block investment offers the savvy investor 4x2 bedroom units & is fully tenanted with secure leases in place. One tenant has been there for 15 years, while another tenant has been there for 5 years. The rental return is achieving $1,035 per week. Individual rental returns: UNIT 1. Lease expiry 14/04/2025 currently at $280.00 per week- Rent will increase to $290.00 in April. UNIT 2. Lease expiry 23/06/2025 currently at $285.00 per week. UNIT 3. Lease expiry 23/06/2025 currently at $285.00 per week. UNIT 4. Lease expiry 20/10/2025 currently at $285.00 per week. - Each unit features two bedrooms, one bathroom, and single car accommodation - Open plan living - Functional kitchens with electric upright stove The complex is well located, with walking distance to public transport, local shops, childcare facilities Close proximity to Heatley High School, a short drive to Vincent Village Shopping Centre. Heatley Park & Long Tan swimming pool Just a short drive to other major Shopping Centres', medical facilities, quality public & private Schools, Cafes, Domain & Bunnings Warehouse Council rates are approximately $5,846 for 6 months This property gives tenants a convenient lifestyle & offers investors an excellent investment opportunity with great returns. Email me at terry.cochrane@belleproperty.com to make an offer & secure this property today! Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. We accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur.

Features

8 bedrooms

4 bathrooms

4 carspaces

4 carport spaces

629 m² lot size

Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Heatley over the last 12 months.

Property history for 1 Narangi Street

2025

Sold

$785,000

Private Sale/Treaty on 25 Mar 2025 by Terry Cochrane, of Belle Property Townsville City

Happy sellers in Heatley

88%

88% of sellers in Heatley reported that their sale price either exceeded or met their price expectations.

Heatley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Heatley over the last 12 months.

Local market activity for 8 bedroom block of units in Heatley

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Heatley for a free market appraisal.

David Bishop

at Move Realestate Pty Ltd

4.7

(407 reviews)

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Helena Wait

at Helena Wait Properties

4.9

(125 reviews)

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Shal Luka

at Harcourts Kingsberry Townsville

(5 reviews)

Get a free market appraisal

Sean Breitkreutz

at Bright Property Townsville

4.9

(420 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Heatley

David Bishop

Sellers who recommend David Bishop have praised them for being clear communication, local expert, responsive, honest, supportive, friendly and reliable

4.7 (407 reviews)
4 Reviews in Heatley
3 Sales in Heatley

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Helena Wait

Sellers who recommend Helena Wait have praised them for being clear communication, local expert, responsive, reliable, easy to work with, friendly and well-prepared

4.9 (125 reviews)
3 Reviews in Heatley
4 Sales in Heatley

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Shal Luka

Shal Luka is a recommended agent for Heatley. They have 2 local sales and collected 3 local reviews across the last 12 months.

5 (5 reviews)
3 Reviews in Heatley
2 Sales in Heatley

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Sean Breitkreutz

Sellers who recommend Sean Breitkreutz have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and reliable