One Agency Townsville is proud to present Lot 1 -105 Stagpole Street West End, a unique property comprising of of 4 units on one title. With no "working body corporate" this is the ideal property for those savvy investors wanting to maximize returns. With striking modern renovations completed in 2019, this truly one of Townville's best buys.
Unit 1: $310 - lease till 26/10/26
Unit 2: $320 - lease till 10/8/26
Unit 3: $310 - lease till 19/10/26
Unit 4: $300 - changing to $340pw in January 2025 with lease ending September 2025
Total weekly current return = $1240pw
Gross annual return = $64,480pa
These units are not strata titled, making them an excellent investment opportunity for those looking to own multiple rental properties on one single title, allowing for lower running costs such as rates and insurance but maximizing on multiple income stream within one property.
This real estate opportunity is sure to provide a solid return on investment, in the city fringe suburb of West End, only minutes to the CBD, Townsville Airport, schools, shopping center's, beaches and so much more. The property was fully renovated in 2019, ensuring that tenants enjoy a modern, stylish and comfortable living environment.
• The roof has been upgrading to include insulation and reenforced to current standards.
• Bathroom in each unit with seamless glass shower recesses with subway tiled to walls, floating vanities in a high gloss finish and wall mirror.
• Modern Kitchens to units 2,3 & 4 with oven / cooktop combination, ample cupboard and bench space all in neutral tones and window for abundant light.
• Unit 1 the kitchen is not renovated but complete with free standing oven/ cooktop, bench space and ample cupboards.
• The bedrooms offer carpet, fans, original windows have been replaced including screens throughout all units.
• Two units feature polished timber floors to the living, while the other two units have vinyl planking for easy care.
• Reverse cycle split system air conditioning, which provides comfortable heating and cooling, sufficient to cool each unit.
• Fully rewired and upgraded switchboard, fans and LED downlights throughout, as well as a full plumbing upgrade.
• Electric hot water systems, ensuring a reliable and energy-efficient supply of hot water to each unit.
• Each unit has been individually fenced, making it ideal for children to play or family pets.
• Individual laundry area for each unit, for convenience with direct access to cloths lines.
• 5 minutes' drive to Townsville CBD, The Strand Beach, Pallarenda Beach, and Castle Hill walking track.
• Minutes to multiple public and private schools, shopping center's, sporting facilities and many more amenities.
• PLEASE NOTE: All information contained therein is gathered from relevant third-party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries. Photos taken prior to tenancies beginning for the privacy of the current tenants.
• Form 2 (sellers disclosure) and all other relevant searches will be provided upon request.
