For Sale

44/5 Kingsway Place, Townsville City, QLD, 4810

Offers Over $475,000

2
2
1
86 m²
95 m²

Unit

•

2 days on the market

Next inspection:
Saturday 24 October 12:30 PM

Inspection times

Saturday

What's around 44/5 Kingsway Place

An Exceptional Inner-City Investment. Secure Returns. Effortless Ownership.

Positioned on the top floor and capturing expansive views, this beautifully appointed, fully furnished apartment presents an outstanding investment opportunity in the heart of Townsville's vibrant CBD. Combining stylish interiors, quality finishes and an unbeatable inner-city location, the property delivers contemporary, low-maintenance living with the added advantage of an established and secure income stream. Currently under hotel management, the property benefits from a secured lease agreement returning $2,600 per month, with annual CPI increases, for the next three years. Fully furnished and offering immediate rental income, this is an exceptional opportunity for investors seeking a straightforward, low-maintenance addition to their portfolio. Set and forget, enjoy the returns and take advantage of everything this prime inner-city investment has to offer. A secure income stream. A prime city address. An investment that simply makes sense. Offering the perfect combination of location, lifestyle and long-term investment appeal, this fully furnished apartment presents an opportunity to secure a quality inner-city asset with established returns already in place. The Property • Prestigious top-floor position capturing expansive views • Fully furnished and beautifully appointed throughout • Light-filled interiors with spacious open-plan living and dining • Seamless connection to a private balcony with covered alfresco entertaining • Contemporary kitchen featuring stone benchtops, dishwasher and excellent storage • Stylish bathroom with quality fixtures and finishes • Built-in wardrobes, ducted air conditioning and discreet internal laundry • Currently under hotel management with an established lease agreement • Secured rental income of $2,600 per month, plus annual CPI increases, for the next three years • Outstanding set-and-forget investment opportunity with minimal day-to-day involvement The Location • Gym, cafés and specialty stores conveniently located within the complex • On-site cinema and dining options, including Hog's Breath Café • Walking distance to Flinders Street, Palmer Street and City Lane dining precincts • Moments from Queensland Country Bank Stadium • Easy access to Castle Hill, parklands and vibrant inner-city attractions • Close to The Strand, Jezzine Barracks and public transport McDonough Property Townsville has taken reasonable care in preparing this information but makes no warranty as to its accuracy or completeness. Prospective purchasers should conduct their own enquiries and seek independent advice before making any purchasing decisions.

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