Full Disclosure: Virtual staging has been used for presentation purposes.
Positioned directly across from the Townsville Golf Club, 13 Forrest Street in Rosslea offers an exceptional opportunity to secure a full complex of 6 x two-bedroom units on individual titles but no body corporate fees / strata fees. With a strong rental return and projected future growth, this is a blue-chip addition to any investment portfolio.
Property Features:
Unit Configuration:
Ground Floor: 4 x 2-bed, 1-bath units with open-plan living and front patios
Top Floor: 2 x 2-bed, 1-bath units featuring balconies to catch the afternoon breeze
Additional Features Include:
One designated undercover car park per unit
One lockable storage room per unit
Air conditioning throughout for year-round comfort
Solid, low-maintenance construction
No strata fees, resulting in significantly higher net returns
Location Highlights:
Directly across from Townsville Golf Club
5 minutes to the A1 Ring Road for easy commuting
10 minutes to Fairfield Shopping Centre
15 minutes to The Strand and Townsville CBD
Rental Information:
Current gross rent: $114,920 p.a.
Current yield: Approx. 6.8% gross
Future projections (by Feb 2026): $120,000 - $124,000 p.a.
Estimated rent per unit: $390-$400+ per week (Projected yield: 7%+ gross)
Outgoings:
Rates: $22,994.40 p.a.
Insurance: New buyer to obtain their own quote
Management fees: New buyer secure own management quote
All 6 units are currently tenanted with lease renewals available, offering strong ongoing income.
A Smart, High-Yield Investment
Opportunity to secure an entire unit complex with a high level of return. With no strata fees, 100% occupancy, and growing rental demand, 13 Forrest Street represents a secure, high-performing asset ideal for the savvy investor.
Contact us today for further information or to arrange your private inspection.
