Invest or Nest – Great yield and capital growth in North Ward
Perfectly positioned in the heart of North Ward, Townsville's most desirable beachside suburb, this light-filled two-bedroom unit combines low-maintenance living with strong investment potential. With Castle Hill views, cooling sea breezes, and unbeatable proximity to The Strand, this property is ideally suited for investors seeking a reliable performer.
Set on the top floor, at the back of a small complex of nine, the apartment features two balconies, a modern kitchen, and generous, open living spaces filled with natural light. Both bedrooms are air-conditioned and well-sized, ensuring ongoing tenant appeal and comfortable living.
Practical inclusions such as NBN access, internal laundry, and a lockable storage unit behind the carport enhance everyday functionality and long-term value.
With vacant possession available from 28 November 2025, this property provides flexibility for investors, future owner-occupiers, or those planning a strategic portfolio move.
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Features You'll Love
• Blue-chip North Ward location - walk to The Strand, shops, cafés, and Townsville Grammar
• Two private balconies capturing sea breezes and views
• Air-conditioned open-plan living and both bedrooms
• Modern kitchen with good storage and bench space
• Internal laundry and shower-over-bath combo
• Dedicated storage unit plus covered carport
• Quiet, well-maintained complex of nine (top-floor position)
• Stair access only
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Investor Snapshot
• Year Built: 1980
• Total Size: 81 sqm (incl. garage & storage)
• Complex: 9 units
• Rental Appraisal: $440 per week (current)
• Current Lease Ends: 24 August 2026
• Vacant Possession Available: 28 November 2025
• Date of Last Rent Increase: 26 August 2025
• Rates: Approx. $3,800 per annum
• Body Corporate: Admin $2,200 pa | Sinking $1,100 pa
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Why Invest Here
With its unbeatable location, proven rental performance, and lifestyle-driven tenant demand, 7/5 Rose Street is a standout investment opportunity in Townsville's coastal market - offering both strong returns and long-term growth potential in one of the city's most desirable beachside enclaves.
Wider Townsville market trends:
Strong performance: The broader Townsville property market has shown double-digit growth, with the median unit price increasing by 17.05% between April 2024 and April 2025.
High demand and tight supply: An extremely low rental vacancy rate of under 1% indicates high demand and a limited supply of housing across Townsville.
Economic drivers: The property market is bolstered by a strong, diverse economy, major infrastructure projects, and lifestyle appeal, which continue to attract residents and investors.
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Contact:
Josie Howard – 0475 703 643
Braeden Hall – 0466 105 633
