Perfectly positioned in the sought-after suburb of Hermit Park, this updated two-bedroom, one-bathroom unit offers a comfortable lifestyle in a well-maintained complex. Whether you're a first home buyer, downsizer, or investor, this property ticks all the boxes for style, space, and convenience.
Key Features:
• Two spacious bedrooms
• Modern open-plan kitchen and living area, ideal for relaxed living and entertaining
• Renovated kitchen with ample bench space and storage
• Recently updated shower area (approx. $12,000) featuring:
• New Solus Mk3 shower mixer installed in wall cavity
• Professionally applied two-coat waterproof membrane to floor and wall sheeting
• New floor and wall tiles for a sleek, modern finish in the shower
• Separate toilet for added functionality
• Hard-wearing vinyl plank flooring throughout
• Split-system air conditioning and ceiling fans in all rooms for year-round comfort
• Covered off-road car park plus ample visitor parking in the complex
Located just minutes from the Townsville CBD, public transport, schools, and shopping centres, this low-maintenance unit is a smart buy in a high-demand area.
Investment Opportunity:
• Currently leased on a 12-month lease at $370 per week, with the most recent rent increase effective from 1 March 2025, this property offers strong and immediate returns.
• Annual Rental Income: Approx $19,240
• Approximate Body Corporate Fees: $4,250 per year
• Rates per half: Approx $2,095.00
With a secure lease in place until March 2026 (same tenants for 4 years)and located in a consistently high-demand rental area, this unit represents a solid investment option with excellent potential for future capital growth.
Disclaimer: Ray White Townsville and Coralie Macdonald have prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
