Positioned on the ground floor of the popular Riverway Point complex, 203/38 Gregory Street presents a fantastic opportunity for investors seeking an established rental return in a convenient location.
Offering two bedrooms, two bathrooms and single car accommodation, this low maintenance apartment combines a practical layout with the added appeal of secure complex living and excellent communal facilities. Currently tenanted at $480 per week until early 2027, the property offers immediate rental income for its next owner.
Property Features:
• Two bedrooms, two bathrooms and single car accommodation
• Convenient ground floor position
• Practical layout suited to comfortable, low maintenance living
• Secure complex with gated access and onsite management
• Resort style lagoon swimming pool and communal BBQ facilities
• Visitor parking available within the complex
• Conveniently located near Willows Shopping Centre, Cannon Park and Riverway Lagoons
• Easy access to James Cook University, Townsville University Hospital and Lavarack Barracks
Additional Information:
• Currently tenanted at $480 per week
• Lease in place until early 2027
• Body Corporate: Approximately $5,200 per annum
• Council Rates: Approximately $3,970 per annum
Offering immediate rental income, resort style facilities and a convenient location, this is an excellent opportunity to secure an established investment in Townsville's property market.
Enquire today for further information or to arrange your inspection!
*** Some images may have been digitally enhanced/staged for illustrative purposes ***
