An Exceptional Investment Opportunity

This rare block of eight units presents an outstanding opportunity for savvy investors in Townsville. With a solid construction and an unbeatable location, the potential here is limitless. Positioned just 4 minutes from the CBD, 8 minutes from The Strand, and within easy reach of Queensland Country Bank Stadium, this address offers the convenience tenants will truly appreciate.

Set proudly on a corner allotment and designed for low-maintenance living, the complex comprises:

– Six x 1-bedroom, 1-bathroom loft-style apartments featuring functional kitchens, spacious living areas, security screens, and ample storage.

– Two x 2-bedroom, single-level apartments at the rear, each offering open-plan living, built-in bedrooms, ceiling fans, and security screens.

The property also provides a communal laundry located at the rear, plus undercover parking for all units at the front of the complex.

Current Lease Agreements:
Unit 1 – $340p/w until Feb 2026
Unit 2 – $340p/w unit Aug 2026
Unit 3 – $300p/w on a periodic lease
Unit 4 – $300p/w on a periodic lease
Unit 5 – $300p/w on a periodic lease
Unit 6 – $350p/w until Sep 2026
Unit 7 – $340p/w on a periodic lease
Unit 8 – $370p/w until Feb 2026

Current weekly return: $2,640.00
Current yearly return: $137,280.00

Photos of Unit 6 and Unit 7 are pictured.

For more contact Suzy Spilsbury on 0418 885 414

Property ID: 1383168