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1 of 8
Sold Property
$830,000
Dean Hobson Harcourts Kingsberry Townsville
This block of 8 x 1 bedroom units is a rare opportunity for investors in Townsville. You will have to act fast or you will miss out, this is priced to sell!
So close to the CBD; there is no lack of lifestyle in South Townsville. This property is just minutes from the Queensland Country Bank Stadium, countless restaurants, bars, parks and recreational activities; and in close proximity to Flinders Street, Castle Hill and The Strand!
Current rental appraisals indicate a total yearly return of $117,520. That is a whopping ~13% gross return on your investment! (over 10% NET).
Rental Appraisals:
Units 1, 3 & 7 - Garages - $280 - $300 pw
Units 2, 4 & 5 - Carports - $260 - $280 pw
Units 6 and 8 - No Car Spaces - $240 - $260 pw
Please contact agent for a copy of rental appraisal letters.
Council Rates: $13,269.94 half-yearly
Current Lease Agreements:
Unit 1 - ($180p/w until 05/10/2023)
Unit 2 - ($165p/w until 07/09/2023)
Unit 3 - ($185p/w until 13/10/2023)
Unit 4 - ($170p/w until 03/11/2022)
Unit 5 - ($170p/w until 17/08/2023)
Unit 6 - ($170p/w until 22/09/2022)
Unit 7 - ($150p/w periodic)
Unit 8 - ($165p/w until 13/09/2023)
Current yearly return - $70,460
Photographs depict Unit 6; to view other units please contact agent.
Call Dean Hobson on 0467 778 483 to arrange inspection.
Property ID: #QKT27243
Office
Sold Property
This block of 8 x 1 bedroom units is a rare opportunity for investors in Townsville. You will have to act fast or you will miss out, this is priced to sell!
So close to the CBD; there is no lack of lifestyle in South Townsville. This property is just minutes from the Queensland Country Bank Stadium, countless restaurants, bars, parks and recreational activities; and in close proximity to Flinders Street, Castle Hill and The Strand!
Current rental appraisals indicate a total yearly return of $117,520. That is a whopping ~13% gross return on your investment! (over 10% NET).
Rental Appraisals:
Units 1, 3 & 7 - Garages - $280 - $300 pw
Units 2, 4 & 5 - Carports - $260 - $280 pw
Units 6 and 8 - No Car Spaces - $240 - $260 pw
Please contact agent for a copy of rental appraisal letters.
Council Rates: $13,269.94 half-yearly
Current Lease Agreements:
Unit 1 - ($180p/w until 05/10/2023)
Unit 2 - ($165p/w until 07/09/2023)
Unit 3 - ($185p/w until 13/10/2023)
Unit 4 - ($170p/w until 03/11/2022)
Unit 5 - ($170p/w until 17/08/2023)
Unit 6 - ($170p/w until 22/09/2022)
Unit 7 - ($150p/w periodic)
Unit 8 - ($165p/w until 13/09/2023)
Current yearly return - $70,460
Photographs depict Unit 6; to view other units please contact agent.
Call Dean Hobson on 0467 778 483 to arrange inspection.
Property ID: #QKT27243
Dean Hobson Harcourts Kingsberry Townsville
Office Harcourts Kingsberry Townsville
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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