An impressive block of strata titled units boasting 4 individual units each with 2 bedrooms, 1 bathroom & 1 lock up car garage, Constructed in low maintenance masonry block there is 1 unit upstairs and the other 3 are ground level, the 2 rear units each have a fenced exclusive use patio & generous garden.
Exceptional occupancy rate due to the complex being situated with everyday facilities such as Castletown Shopping Centre, Ottos, Warrina & movie theatres, Domain Home Maker Centre including Bunnings, public transport links, local business which employ plenty of people, which are in turn always looking for convenient rental accommodation.
Designed with tenants in mind, three of the four units are currently occupied with fixed tenancies until mid-2024, generating a steady rental income of $300 to $320 per week. These desirable properties come fully air-conditioned, with built-in robes, security screens throughout, and low maintenance costs, ensuring that your investment remains stress-free. Additionally, as the complex has the single owner there are no body corp fees, allowing for 100% owner controlled outgoings to maximise profits.
Current annual gross rent is $65,000
Townsville City rates $1,674 each unit / 6 months
Each unit offers, air conditioning, open plan living and dining spaces, built in robes in all bedrooms, big windows creating a bright and welcoming atmosphere for residents to enjoy. Further enhancing the appeal of these units are the private courtyards, perfect for outdoor entertaining or simply relaxing in the Queensland sun.
With four dedicated parking spaces and a prime location near essential amenities, this block of units is an ideal choice for savvy investors seeking a strong addition to their portfolio. Don't miss out on this rare opportunity – contact us today to arrange a viewing and secure your investment in this flourishing neighbourhood.
Unit 1 Fixed Lease Aug 2024
Unit 2 Fixed Lease October 2024
Unit 3 Fixed Lease June 2024
Unit 4 Fixed Lease May 2024
*****Disclaimer in relation to property photos being used in this marketing - Property Management file photos are being used to protect the privacy and peaceful enjoyment of the leased tenants, we recommend that buyers conduct their own individual due diligence in relation to the property.******
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