Tucked away in a quiet Annandale court, 2 Nicol Court presents a unique dual-income opportunity with two established tenancies already in place and further potential reflected in a current rental appraisal of $500–$520 per week for each unit.
Each residence offers two generous air-conditioned bedrooms with mirrored built-in robes, surrounded by established gardens that provide a private, leafy outlook. Spacious interiors include a large living area adjoining the kitchen, complete with timber cabinetry, an island bench, ample storage and bench space, plus a generous walk-in pantry.
Designed with relaxed North Queensland living in mind, residents also enjoy access to a shared undercover entertaining area and in-ground swimming pool.
• Duplex comprising two separate two-bedroom residences
• Two air-conditioned bedrooms with mirrored built-in robes to each unit
• Generous bathrooms with shower and large bathtub
• Spacious living area adjoining the kitchen
• Timber kitchen with island bench and walk-in pantry
• Shared undercover entertaining area
• In-ground swimming pool for tenant use
• Established gardens and private court position
• 2A currently returning $450 per week on a periodic tenancy
• 2B currently returning $380 per week with a long-term tenant of approximately 10 years
• Current rental appraisal of $500–$520 per week, per unit
With established income already in place and the potential for an increased combined rental return, this is a compelling investment opportunity in one of Townsville's most established and well-connected suburbs, within convenient reach of schools, shopping, James Cook University, Townsville University Hospital and Lavarack Barracks.