114 Eyre Street, North Ward, QLD, 4810

For Sale

114 Eyre Street, North Ward, QLD, 4810

$1,775,000

1012 m²

BlockOfUnits

•

6 days on the market

What's around 114 Eyre Street

Blue-Ribbon Coastal Block: Multi-Income Asset on a Single Title

Located one minutes' drive to the Strand beachfront; 114 Eyre Street presents an exceptional opportunity to secure a modern Duplex and a spacious traditional Queenslander all on one title. Set within one of Townsville's most tightly held coastal enclaves, this remarkable property combines an irreplaceable coastal position, modern finishes and charm of yester year all in one 1202m2 parcel. This imposing property represents a perfect opportunity for investors, professionals, families or retirees seeking a blend of city-fringe convenience and coastal tranquility. Comprising of a 12-year-old duplex at the front of the allotment and a large three-bedroom Queenslander at the rear, all three properties are on one title with no body corporate fees. Furthermore, the possibility of sub diving the lots to maximize returns is second to none. The house at the rear was previously configured as a two, one bedroom units, which were changed into a single dwelling three bedroom house. To maximize returns, the housed can once again be made into two one bedroom units by framing and sheeting a small section of wall between the lounge and dining rooms and installing a second kitchen in the second bedroom (refer to the floor plan). Duplex at the front: • Two twelve-year-old modern 2-bedroom units, with courtyards and front and rear private entry. • Fully tiled open planned living and dining rooms perfectly located adjacent the kitchen features large windows to capture the sea breezes. • Spacious kitchens with modern appliances, tiled splash backs, an abundance of cupboard and bench space, breakfast bar, window and door to the rear courtyard. • Oversized bathrooms with walk-in shower, vanity and feature tiles, in addition, a closet-style laundry and sliding door to the rear courtyard and clothes line. • Two queen-sized bedrooms with mirrored built-in robe, air-conditioning, ceiling fans and tiled floor and views to the gardens. • Fully tiled and air-conditioned throughout, high ceilings, security screens to all windows and doors. • Front tiled patio, overlooking a sizeable front grassed courtyard with garden path and front fence perfectly framing each unit. • Internal linen cupboard and rear concrete alcove with clothes line and external storage cupboard. House at the rear: • Spacious traditional North Queensland home, with the possibility to subdividing from the front duplex if required, subject to council approval. • Spacious interior to include separate dining and living rooms with modern flooring throughout. • Large kitchen with an abundance of cupboard and bench space, modern appliances and casement windows for natural light. • Three oversized bedrooms also with casement windows, air-conditioning and ceiling fans. • Main bathroom has been recently upgraded with walk-in shower and vanity conveniently located near the kitchen and dining area. • Second traditional bathroom with shower / bath combination, vanity and separate toilet room for convenience. • Period features to include casement windows, iron work, paneled ceilings and traditional iron roof. • Huge rear yard with room for a pool and large shed ideal for pets and children to play. Block: • 1012m2 fully fenced allotment with each unit and house fenced separately for privacy of each resident. • Driveway access to the rear carport which offers car accommodation for the duplex and house. • Additional on street parking directly in front of complex on both sides of the street. Unit 1 - Current weekly rent $450pw increasing to $500per week on the 08/11/2026 Unit 2 - Current weekly rent $450pw increasing to $500per week on the 22/11/2026 House - Current weekly rent $650pw lease end date 23/11/2026 (opportunity to increase the rent at the end of the current lease). Rates - $7322.94 per 6 months Insurance - $4211.83 per annum North Ward remains one of Townsville's premier and highly sought-after suburbs, perfectly positioned between the scenic backdrop of Castle Hill and the waters of the Coral Sea. This iconic location effortlessly blends vibrant inner-city convenience with a relaxed, coastal lifestyle. Residents enjoy unparalleled access to the very best of local amenities, all located just moments away or within a short drive to the Townsville CBD. Lifestyle & Recreation: The Strand, Jezzine Barracks, local parks, scenic walking tracks, and the popular Rockpool. Dining & Shopping: The bustling Gregory Street precinct, diverse cafes, restaurants, and everyday shopping. Education: Reputable local schools are within easy reach. Whether it is a morning stroll along the foreshore or an evening dining out, North Ward offers an unmatched lifestyle that ensures it remains a top-tier choice for yourself or tenants' year after year.