If you've been looking for a property where you can roll up your sleeves, add your own style and reap the rewards, 2/528 Varley Street, Yorkeys Knob deserves your attention and is priced to sell! This townhouse presents an exciting opportunity for first home buyers, renovators and investors alike, offering a solid starting point with plenty of scope to improve and personalize to your taste as you go.
The property is currently leased at $450 per week, with the current tenancy in place until 15 December 2026, providing an immediate income stream for the astute investor while allowing time to plan future improvements and of course, the opportunity to reside in the property just in time to get settled in before Christmas.
For the first home buyer, this is an opportunity to get into the Yorkeys Knob market and create a home that reflects your own taste and personality. For the renovator, the property provides the blank canvas you've been waiting for, with cosmetic improvements offering the potential to significantly transform the overall feel and appeal of the home. And for investors, there is the opportunity to put some capital into the property, improve its presentation and work towards stronger rental returns.
Outside, the townhouse benefits from a generously sized private courtyard, providing valuable additional living space and plenty of room for entertaining, gardening or simply enjoying the tropical North Queensland lifestyle - especially if you happen to have a four-legged friend accompanying you. An added bonus is the storage/laundry room at your front doorstep, providing practical additional storage that is often hard to find in townhouse living.
The Opportunity:
- Townhouse in sought-after Yorkeys Knob
- Generously sized courtyard
- Private storage room
- Currently rented for $450 per week
- Current lease expires 15 December 2026
- Cosmetic work required, providing scope to add value
- Ideal project for a first home buyer or renovator
- Potential to improve the property and target stronger rental returns
- A great opportunity to create something that's truly your own
Opportunities that allow buyers to enter the market, add value and potentially build equity through improvements are becoming harder to find. Whether you're ready to take on your first renovation, looking for your first home or searching for your next value-add investment, this is one worth inspecting.
Please enquire to receive a copy of the following documents:
Seller's Disclosure
Contract of Sale
Rental Appraisal
Property Summary
AGM Minutes
Painting Quote
Quote for Repairs
Offer Form
The key here isn't necessarily what the property looks like today - it's what you can make it tomorrow. With the right vision and a little time and effort, this townhouse could be transformed into a home you'll be proud of or an investment positioned to perform at a higher level.
Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.
