8A & B Grassbird Street, Oonoonba QLD 4811

SOLD By Ben Waugh & Coralie MacDonald

Welcome to 8A/B Grassbird Street, in the highly sought-after location of Oonoonba! This modern contemporary duplex offers the perfect, low-maintenance investment opportunity, located only 5 minutes from the Townsville CBD. Optimising investment yields with two properties on a single title, without any accompanying body corporate charges!

Looking for a place to call home? Consider making an investment now and relocating at a later time, all while having the opportunity to generate passive income by renting out the additional unit in your new residence.

Your Investment:
- Total current rent $720/week;
- Secure tenants with leases in place - further details below;
- Look - an impressive 7.21% gross yield with likely rental increases due to strong ongoing rental demand;
- 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.

At present, Townsville is experiencing some of the most attractive rental yields nationwide, coupled with vacancy rates at less than 0.1%. Now is the perfect time to consider investing in this rapid growth region.

Your Property:
Both residences feature modern contemporary designs and come equipped with a classic colour scheme and quality fixtures throughout.

8A Grassbird Street:
• Spacious 3 bedroom, 2 bathroom and separate exclusive use secure garage;
• Currently Tenanted at $430/week until 15/07/2024;
• Open plan kitchen, dining, and living areas;
• Split system air-conditioning and fans;
• Main living areas tiled;
• 1-car garage with electric roller door, internal laundry & storage;
• The spacious master bedroom features a walk-in robe and ensuite;
• Main bathroom - shower, bathtub, separate toilet;
• Other bedrooms complete with mirrored wardrobes;
• Electric oven, induction cooktop and space for a dishwasher;
• Low-maintenance outdoor living space with patio and pebbled courtyard;
• Electric hot water system.

8B Grassbird Street:
• Secure side gate accessible 1 bedroom, 1 bathroom studio;
• Currently Tenanted at $290/week until 01/08/24;
• Split system air-conditioning and fan;
• Tiled throughout;
• Mirrored wardrobe;
• Spacious kitchen featuring an electric oven & induction cooktop;
• 1-car garage with electric roller door, internal laundry and storage space;
• Electric hot water system;
• Separate exclusive use courtyard at the rear of the studio.

The Central Location:
• A quick 10-minute drive into the CBD, The Strand, and Townsville's Country Bank Stadium;
• 5 minutes drive to the recently expanded Fairfield Shopping Centre that includes Kmart, Woolworths, and Coles;
• In close proximity to the child care centres, schools, Lavarack Army Barracks, The Townsville University Hospital, and James Cook University;
• Embrace the convenience of this prime location, as you'll find yourself within walking distance to Wes Barret Park featuring a playground for the kids.
• For Golf enthusiasts, the Townsville Golf Club is located across the River, just short of a 10-minute drive away.
• In close proximity to the Oasis Townsville (Oonoonba Community Centre). A home base of the veteran community in Townsville, hosting Twilight Markets, fun events, training events and so much more. Plus, an onsite Cafe - Dirty Boots Cafe.

Seize this opportunity now! Your dream investment is ready and waiting. In a prime location near the vibrant city centre, your ideal living awaits - don't miss out, act today! Join us for an inspection of this remarkable property. Call Ben Waugh on 0487 730 456 or Coralie Macdonald on 0413 450 652.


**Disclaimer: Ray White Townsville has 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.**