76 Eyre Street

Off Market

76 Eyre Street

North Ward QLD 4810

90 m²

1012 m²

Block of units

Last sold for $1,650,000

Luke Need, last sold this property on 28 September 2026 after 96 days on market.

Overview

UNDER CONTRACT

An exceptional opportunity awaits to secure a fully renovated block of four two-bedroom units positioned on a substantial 1,012sqm parcel in one of Townsville's most tightly held seaside suburbs. Combining strong cash flow of approximately $120,000 gross per annum with significant long-term land value, this versatile investment offers the ideal balance of immediate returns and future development potential (STCA). Currently configured with a blend of two permanent rental units and two fully furnished short-term accommodation units, the property provides multiple income streams and flexibility for investors seeking to maximise returns. Having recently undergone a comprehensive renovation, all the hard work has already been completed. This is a genuine turnkey investment ready to generate income from day one. Positioned just moments from The Strand, beaches, cafés, restaurants and North Ward's vibrant lifestyle precinct, the property continues to enjoy strong demand from both long-term tenants and holiday accommodation guests. Each residence is filled with natural light and showcases timeless character features including soaring ceilings, polished timber floors, and a breezy coastal aesthetic that perfectly complements the location. The upper-level units share a mirrored floorplan, as do the lower-level residences. Need To Knows | Unit 1 – Leased $650 per week through to March 2027 Unit 2 – Leased at $475 per week | 12 month lease thru til October 2027. Unit 3 – Currently operating as short-term accommodation. Earnings able to review. Long term lease appraisal is $700 per week. Unit 4 – Leased at $470 per week | 12 Month lease thru til May 2027. Council Rates (including water allocation): $8,326.65 per half year. Building Insurance: $4,065.33 per annum. Whether you're looking to secure a positively geared investment, diversify your portfolio with a proven income-producing asset, or land bank a prime North Ward site for future redevelopment, opportunities of this calibre are increasingly rare. Invest today, enjoy the income tomorrow, and hold one of North Ward's most compelling development prospects for the future. For further information or to arrange an inspection, contact Luke Need on 0432 773 223 * Disclaimer - 7.25% gross rental return is indicative only and is calculated using the advertised price guide and estimated rental income assuming all units are permanently tenanted at the stated rental estimates. Rental estimates and resulting returns are not guaranteed and may vary. Buyers should undertake their own due diligence and seek independent financial advice.

Features

8 bedrooms

4 bathrooms

8 carspaces

4 carport spaces

4 garage spaces

90 m² floor area

1012 m² lot size

Block of units

Estimated Value

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

Property history for 76 Eyre Street

2026

Sold

$1,650,000

28 Sep 2026 by Luke Need, of Need Property

2023

Sold

$1,200,000

22 Feb 2023 by Luke Need, of Need Property

Happy sellers in North Ward

90%

90% of sellers in North Ward reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in North Ward over the last 12 months.

Local market activity for 8 bedroom block of units in North Ward

Sold

For Sale

For Rent

Interested in selling?

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

Jack Howard

at Page & Pearce

(26 reviews)

Get a free market appraisal

Margaret Hill

at Harcourts Kingsberry Townsville

4.9

(172 reviews)

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Braeden Hall

at Bright Property Townsville

(62 reviews)

Get a free market appraisal

Leanne Harris

at Page & Pearce

4.9

(322 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 North Ward

Jack Howard

Sellers who recommend Jack Howard have praised them for being clear communication, local expert and well-prepared

5 (26 reviews)
4 Reviews in North Ward
4 Sales in North Ward

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Margaret Hill

Sellers who recommend Margaret Hill have praised them for being local expert, clear communication, friendly, responsive, reliable, supportive and well-prepared

4.9 (172 reviews)
3 Reviews in North Ward
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Braeden Hall

Sellers who recommend Braeden Hall have praised them for being clear communication, local expert, responsive, dedicated, reliable, strategic and pleasant

5 (62 reviews)
2 Reviews in North Ward

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Leanne Harris

Sellers who recommend Leanne Harris have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and well-prepared