Rarely do investment opportunities present like this - a well-presented block of 4 units on an 809m2 (approx) allotment minutes to Townsville's city centre. This is an opportunity to secure an income-generating asset in a quiet yet ultra-convenient location walking distance to major shopping and minutes to the airport, Castle Hill, the CBD, and more. Each unit features a north-facing outdoor area, an undercover off-street parking space with a store room, and a modern interior with 2 split system air-conditioners and a gas cooktop. This property has street presence, income-generating appeal, and a prime city-edge location.
• A well-presented block of 4 units on a low-maintenance flat 809m2 (approx) allotment under 5 minutes' drive to Flinders Street
• 4 x 2-bedroom units, each with open-plan living and dining, and a neat kitchen with a gas cooktop
• An undercover off-street parking space and a store room to each unit, set securely at the rear of the property
• North-facing outdoor areas to each unit, including a patio to each of the ground floor units, and undercover decks extending from the upstairs units
• Built-in robes and a laundry/bathroom to each unit, and 2 reasonably new split system air-conditioners to each unit
• Prime position near the CBD, the stadium, Castletown Shopping Centre, Castle Hill, the airport, and more
• Current rental income of $72,800.00 pa ($350.00 per week each unit)
• Rates approx $6,079.00 a half year, this includes water charges
• The landlord is responsible for the maintenance of the common areas such as driveway and yard (currently $80.00 per month)
• Fun fact, the roof is only 10 years old
Disclaimer: The information provided has been obtained from sources Hartley Partners consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries and obtain their own legal advice
