168/1B Sporting Drive

Thuringowa Central QLD 4817

42 m²

Unit

Currently for sale - view listing

Overview

Top Floor Waterfront Apartment with Proven Returns

Delivering an impressive net return of over 6%, this top floor one bedroom apartment presents an outstanding low maintenance investment opportunity for the savvy or absentee owner. Positioned within the well established Itara Jacana complex, the apartment enjoys elevated views across the Ross River and surrounding mountain ranges. The complex has been professionally managed for over 13 years and continues to benefit from strong repeat business through short term accommodation demand. Security and convenience are key features, with secure basement parking, private lockable storage, security access, and lift access throughout the complex. The location is second to none, directly opposite one of Townsville's largest shopping centres and within walking distance to two hotels, nine restaurants, Readings Cinema, and Kingpin bowling. A true lifestyle and convenience destination that continues to attract both business and leisure travellers alike. A high performing investment that compares very favourably against traditional house investments in the current market! Key Features • 6%+ Absolute Net Return • Top Floor Position with River & Mountain Views • Secure Basement Parking & Private Storage • Lift Access & High Security Complex • Proven Short Term Accommodation Income • Professionally Managed Complex • Opposite Major Shopping Centre • Walk to Restaurants, Hotels & Entertainment • Low Maintenance Investment Opportunity **For more information, please submit an online enquiry below. You will receive an automatic email reply with all of the essential property details including current rates and rental appraisal. **