Expression of Interest - UNDER CONTRACT

16 Bed  •  8 Bath  •  8 Car  •  668m²

Main view of Homely block of units listing, 9 Warburton Street, North Ward QLD 4810
Floorplan of Homely block of units listing, 9 Warburton Street, North Ward QLD 4810
Second view of Homely block of units listing, 9 Warburton Street, North Ward QLD 4810
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9 Warburton Street, North Ward QLD 4810

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Expression of Interest - UNDER CONTRACT

  • 16
  • 8
  • 8
  • 668m²

Block of Units for sale

What's around Warburton Street

Block of Units description

“Rare Investment Opportunity – First Time Offered in 50 Years”

Located in Townsville's most sought-after suburbs, this tightly held unit complex at 9 Warburton Street, North Ward is being offered to the market for the first time in half a century.

Set on a 668sqm block, this solidly constructed block complex comprises eight x 2-bedroom, 1-bathroom units all on one title. Built to stand the test of time, the structure is a classic block construction-offering the perfect foundation for renovation or redevelopment.

Positioned just moments from The Strand, Castle Hill walking tracks, cafes, restaurants, and North Ward's vibrant lifestyle precinct, the location speaks for itself. Opportunities like this are incredibly rare-whether you're looking to renovate and increase rental yield, landbank for the future, or redevelop (STCA), this is a prime piece of North Ward real estate.

Property at a glance:
- 8 x 2-bedroom, 1-bathroom units
- 668sqm allotment
- Solid block construction
- High-demand rental location
- First time offered for sale in 50 years
- Moments from The Strand and lifestyle amenities
- Council Rates approximately $12,298 per half year

Leases at a Glance:
- Unit 1 - $310 per week until 03.10.2025
- Unit 2 - VACANT - Requiring renovation
- Unit 3 - $340 per week until 12.09.2025
- Unit 4 - $350 per week until 03.10.2025 - RENOVATED
- Unit 5 - $330 per week until 11.04.2025
- Unit 6 - $340 per week until 30.01.2026
- Unit 7 - $330 per week until 16.01.2026
- Unit 8 - $330 per week until 21.11.2025
- Total Rental yield of $2,330 per week

The units all vary in internal condition allowing the incoming owner the opportunity to renovate and reap the rental rewards or leaving existing and enjoy a strong rental yield.

Don't miss your chance to secure an iconic piece of North Ward Real Estate. Properties like this don't come up often, any you can see why.

For further infromation, or to register your interest please enquire today with Adrian Raiteri on 0427 673 612

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.

Land details

Area: 668m²

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