Set on a generous 1,012sqm block in the sought-after suburb of Oonoonba, this property presents a rare opportunity to secure two units on a single title with no body corporate fees. Offering dual rental incomes, flexible living arrangements, or future development possibilities (subject to council approval), it's an option well suited to investors, extended families, or those wanting to occupy one and lease the other.
Both units provide comfortable living with practical features including air-conditioned living and main bedrooms, ceiling fans throughout, and separate undercover laundries. Each has its own character and scope for improvement, making them appealing for buyers looking to add value while enjoying immediate rental return.
The property also offers ample outdoor space with a shared backyard and established gardens, along with secure parking options for both units. Positioned close to schools, shopping centres and just minutes from the CBD, it combines convenience with future opportunity.
Unit 1:
• 2 bedrooms, 1 bathroom;
• Carpeted floors and ceiling fans throughout;
• Air-conditioned master bedroom and lounge;
• Gas cooktop and oven;
• New back door and steps;
• Carport plus secure off-street parking.
Unit 2:
• 2 bedrooms, 1 bathroom;
• Exposed timber floors and ceiling fans throughout;
• Air-conditioned master bedroom and lounge;
• New box air-conditioner in master bedroom;
• Updated kitchen with serving hatch to lounge;
• Carport plus secure off-street parking.
Your Property:
• Two units on one title - dual income property;
• Large 1,012sqm allotment providing future development potential;
• Shared backyard and established gardens;
• Secure parking options for both units.
Your Investment:
• Currently tenanted on periodic leases at $520 per week ($260/week each unit);
• Market Rental Estimate: $540-$600 per week;
• The units have good potential to value add and increase rental yield with renovations/updating of the property;
• Huge demand for rent area due to the properties location and features;
• This area is continuing to grow due to its affordability and investment potential - making it an ideal addition to your property portfolio.
The Location:
• 2 minutes to Fairfield Waters Shopping Centre and Homemaker Centre;
• 8 minutes to Townsville CBD;
• Close to local schools and childcare options;
• Easy access to parks, walking tracks and Ross River;
• Well-connected by public transport and major roads.
This property offers versatility and huge potential in a central location. Whether you're seeking a dual-income investment, a project with scope to add value, or a home that allows extended family to live side by side, 70 McAlister Street is a rare find on a generous block so close to the city. With its 1,012sqm allotment, the site also presents future development potential (subject to council approval), making it an attractive option for buyers looking at both immediate returns and long-term opportunity. For more information please complete an enquiry below, or contact Ben Waugh on 0487 730 456.
Disclaimer
Interested individuals should independently verify the accuracy and current relevance of the provided information. The agent cannot guarantee the correctness of the details shared. It is recommended that you rely on your own inspections and investigations to determine if this property meets your needs, as the information provided is general in nature. Elevate Property Partners assumes no liability for any loss incurred due to inaccuracies or omissions.
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