Positioned on a generous 1215sqm allotment, the property features a block of 8 units, comprising 6 one bedroom loft style units and 2 spacious two bedroom units. Solidly constructed with practical layouts, it offers an excellent foundation for a value-add renovation.
This is an ideal prospect for investors looking to modernise and capitalise on strong rental demand, with scope to improve interiors, increase rents, and enhance overall returns. The large land holding further adds to the long term upside and future flexibility.
Conveniently located just minutes from Townsville's CBD, local shops, schools, and public transport, the property appeals to a broad tenant base, ensuring consistent occupancy.
A rare opportunity to secure a multi-unit asset with an exceptional upside.