Are you handy? Do you need a place to live right now… but you'd also love a bit of a project to work on in your spare time?
Bright Property and Cutting edge are excited to present 78 & 78A Palmerston Street. Here on a 801m2 block you'll find a fully renovated, modern two bedroom house and a big 3 bedroom highset…(that might need a little bit of work) The best part is - these properties are just about ready to subdivide! (subject to council approval)
Lets start in the extremely liveable two bedroom house at the back of the block. The current owners have spared no expense making this a lovely low maintenance, relaxing place to live. Those who like heritage features will appreciate the newly polished hardwood floors and french doors which open out to the decks.
The kitchen feels bright and airy and open (and its brand new - never been cooked in) From the kitchen you can step outside to a large covered, composite deck which will never need to be painted. This space is great for entertaining.
The family bathroom features a large easy step in shower, generous storage and a stone bench vanity.
Both bedrooms in this home feature built-in wardrobes, gorgeous timber floors, french doors to the decks and split-system air conditioning.
There is a two car undercover carport with excellent led lighting and the landscaping has been completed.
We estimate that this beautiful home will rent for $550 per week or more in the current market - but please speak to your property manager for confirmation.
Now let's talk about the BIG house. Yes! It is built in underneath, but no, it's not quite legal height. Yes, there is a kitchen downstairs but no, it's not exactly in working order right now. The downstairs area also features a shower, toilet and large living room but its not exactly 100% ready for occupation at the moment - you'll need to bring some handy friends and a few cartons of beer and your paint brushes to get this space up to spec.
Upstairs in the big house is definitely liveable but 100% not fancy. If you're a fan of boogie nights, you'll love the pine wood panelling throughout this floor. The kitchen has dope retro vibes and your grandmother would have been proud to cook in it but most modern families will feel that it's a little dated.
There are three bedrooms upstairs, all with air conditioning and some with built-in wardrobes, including valuable, retro tacky paper lining for a classic sense of style.
The floors? They are genuine hardwood parquet. You simply won't find this style of flooring anywhere except maybe a Tasmanian Pub… and most people probably would prefer modern vinyl planks. The living area is large though and there are heaps of windows to let in the light.
We definitely don't want to oversell the bathroom, but there are valuable retro tiles here with genuine shells embedded in them that you just can't find anymore because the animals have probably gone extinct.
This top floor could definitely be rented out right now… But it's not luxurious, we estimate the front house would probably rent for $550 per week but we suggest that the bottom storey only be used for storage and not occupation.
So bring your friends, get some cheap Tuesday pizza, grab some beer and get stuck into it!
When this house is renovated the return from purchasing this property will be HUGE!
The location is fantastic! Here, you're just down the road from Townsville's best butcher at the Currajong Meat Barn for Matty's famous sausages. Townsville's Largest Employers James Cook University, Lavarack Barracks and the Townsville Hospital are only about a 10 minute drive away. Castletown Shopping World for everything you might need is just around the corner.
The Townsville CBD and beaches of the Strand are about a 10 minute drive away.
Be Quick! Opportunities like this only knock once!
Early inspections are available! See Rob, Sean and the Bright Team today!
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