11 Narangi Street

Heatley QLD 4814

607 m²

House

Currently for sale - view listing

Overview

GREAT INVESTMENT OPPORTUNITY $72,800/PER ANNUM IN RENT $1,400 PER WEEK CURRENT RENT APPOX' 7.46% GROSS YIELD!!!

The Townsville property market is booming at present with all properties ranging from houses, units, townhouses, unit blocks, getting snatched up with strong demand from owner occupiers, buyer's agent and investors. Don't miss out on this fantastic investment opportunity with this solid masonry low maintenace block, unit complex (4) consisting of 2x2 bedroom units & 2x1 bedroom units & fully tiled throughout, open plan living, offering a low maintenance investment. The complex is well situated close to public transport, schools, parks and just minutes to a choice of retail shops, food outlets and childcare facilities. Minutes from Heatley Secondary College, Heatley Park and the Long Tan Swimming Pool. Just a short drive to the Domain Central retail shopping precinct and Bunnings!! ALL four units are currently rented offering instant rental returns. Unit 1. (2 bedroom) Lease: $340.00 per week. Start 17/11/2025. End 16/05/2026. Unit 2. (1 bedroom) Lease: $350.00 per week. Start 11/03/2026. End 10/03/2027. Unit 3. (1 bedroom) Lease: $350.00 per week. Start 05/02/2026. End 04/08/2026 Unit 4. (2 bedroom) Lease: $330.00per week. Start 16/01/2026 End 15/07/2026. The rent increases to $360.00 per week as from 24/03/2026 Each unit has security screens and a private fully fenced carport/courtyard at the front. For further information email Terry Cochrane at terry.cochrane@belleproperty.com or call me to make an offer. Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.