Perfectly positioned in the sought-after suburb of Hermit Park, this updated two-bedroom, one-bathroom upper floor unit offers a comfortable lifestyle in a well-maintained complex. Currently leased until August 2026 at $400 per week, it offers immediate returns in a central, well-connected location 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:
This well-presented unit offers a fantastic opportunity for investors seeking immediate and consistent returns.
Currently leased on a 12-month tenancy at $400 per week, with the most recent rent increase effective from 22nd August 2025, this property provides both stability and growth potential.
• Annual Rental Income: Approx. $20,800
• Approx. Body Corporate Fees: $4,250 per year (see sellers disclosure)
• Rates (per half): Approx. $2,095 (includes water)
• Enjoy peace of mind with a reliable tenant already in place, making this an ideal addition to any investment portfolio. Combining affordability, solid rental yield, and a convenient location, this property represents a smart choice for investors looking for strong returns with minimal fuss.
Key Features:
• Two spacious bedrooms.
• Open-plan kitchen and living area, ideal for relaxed living and entertaining.
• Private full-length patio with access from the living area and main bedroom.
• Kitchen with ample bench space and storage.
• Recent replacement of the shower area including all waterproofing, tiles, shower unit and plumbing.
• 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, Call Coralie Macdonald on 0413 450 652 today!
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.