43/5 Kingsway Place, Townsville City, QLD, 4810

SoldNov 27, 2023

43/5 Kingsway Place, Townsville City, QLD, 4810

$237,000

Unit

•

30+ days on the market

Sold: Nov 27, 2023

What's around 43/5 Kingsway Place

SOLD by Martin McDonough and Monique Petersen

My highest returning yield on the market. 5.1% net yield (8% gross) at ASKING price. This property is a license to print money. Wake up to a stunning view over the river to Reid Park Raceway where you can have the best seat in the house for the supercar races. The high ceilings and extensive use of glazing in this unit make it seem bigger than it is and coupled with heaps of storage will make life a breeze. The bathroom size rivals even the biggest houses and with the walk-in shower and modern finishes presents as new. Protected from the brutal afternoon sun, the balcony is the perfect place to unwind after work or listen to the football games at the Queensland Country Bank Stadium just across the river. If that's not your thing, head down to the pool and cool off! Located in a super-neat modern building, there's just a 30 second walk to some of Townsville's best dining, bars, cinema and sports venues. Just a short stroll will get you into the CBD for Sunday markets or get you to the Castle Hill walking tracks to have a healthy finish to your day. This unit would make a neat, low-maintenance home for a single or couple, but would also be the top pick for an investor looking to capitalise on Townsville's great rental returns. Fast Facts: Fully Furnished Bedrooms: 1 Bathrooms: 1 Carport: 1 Unit size: 58.5sqm Body Corporate per year: $5,068 approx. Council Rates per year: $3,005 approx Current rent per week: $385 Gross Yield: 8.04% Net Yield: 5.13% All facts and figures given here are provided to the best of our knowledge, however all buyers should make their own enquiries to confirm.