Prime Investment Opportunity With Potential Rental Yield of 7.27% - Three Bedroom, One Bathroom Gem!
Introducing 348 Fulham Road, ideally located in Heatley! This delightful investment property comprises three (3) bedrooms, a well-appointed bathroom and a secure lockable garage space. Situated on a generous 607 sqm land parcel, this single-level residence offers ample space for a growing family. As you step inside, you'll be welcomed by an open-plan layout encompassing the kitchen, dining, and living areas. This well-designed layout maximises space and functionality, making it an ideal choice for families or individuals seeking a cosy but practical living environment. Each bedroom is generously sized and comes equipped with built-in mirrored wardrobes. To enjoy year-round comfort, this property features air conditioning throughout, providing efficient climate control and making every season enjoyable. The well-kept updated bathroom features a spacious, easily accessible shower and a separate toilet area. Outside, you'll find a fully fenced yard, a clothesline, and a secure garden shed, catering to all your storage and maintenance equipment requirements. The garage space offers convenience and security for your vehicle, with additional storage options available.
Your Investment:
• Three (3) spacious bedrooms with built-in wardrobes;
• One (1) updated bathroom, with large shower and separate toilet;
• Large open plan dining, kitchen and living areas;
• Air conditioning and fans throughout;
• Lockable single garage;
• Fully fenced yard, with lockable garden shed in the back yard.
The Investment Potential:
• Current rental appraisal of $420 - $460/week;
• A large potential gross yield of up to 7.27% due to huge demand for rentals in the area due to the properties location and features;
• This area is continuing to grow due to its affordability and investment potential - making it a sound owner-occupier or ideal addition to your property portfolio;
• Currently the Townsville Region is experiencing a high demand for rental properties, with Ray White Townsville maintaining approx. 0.1% vacancy rate, lower than the region's average of .70%.
The Location:
Heatley has a range of amenities, it's close to Domain Central with its huge variety of stores, Vincent Shopping Precinct, Stockland Shopping Centre, schools, restaurants and cafes. There are also a number of medical and health services, including Townsville Hospital only a 10-minute drive away, and a short commute to the city.
Don't delay! Call Ben Waugh at 0487 730 456 or Coralie MacDonald at 0413 450 652 to inspect this not-to-be-missed opportunity today!