Affordable, Low Maintenance Living at Cranbrook Suites!

Whether you're looking to simplify your lifestyle or secure an affordable investment, Unit 33 at Cranbrook Suites offers a practical opportunity in a convenient central location. Set within an established community catering predominantly to residents aged 55 and over, this neatly presented unit combines comfortable accommodation, recent improvements and access to shared facilities, without the upkeep of a traditional home.

Inside, the compact layout makes everyday living straightforward, with space for relaxing, dining and sleeping. Recently refreshed with new flooring and paintwork, the interior has a clean, neutral finish that makes the most of the available space. Ceiling fans provide additional comfort, while security screens allow natural light and fresh air into the unit.

The bathroom features tiled flooring, a toilet and grab rails for additional support. A 5kW solar system is another valuable inclusion, complemented by 12V lighting and fans.

One of the advantages of Cranbrook Suites is the established community environment. Residents have access to a shared lounge and laundry facilities, with an onsite management office providing a convenient point of contact. Undercover parking is also available on a first come, first served basis. The complex accommodates both owner occupiers and tenants, offering flexibility for those looking to purchase a home or invest.

For investors, the property is currently rented at $310 per week, with the existing lease running until 25 August 2027. Onsite management has advised that rental demand remains strong, with a current waiting list for accommodation. Owners also have the flexibility to engage onsite management or appoint an external property management agency.

Positioned in the established suburb of Cranbrook, the complex is conveniently located for access to local shopping centres, medical facilities, public transport and everyday essentials. Its central location makes it a practical choice for residents wanting to remain connected to the wider Townsville community.

The Property:
- Established complex catering predominantly to residents aged 55 and over
- Compact, low maintenance accommodation
- Recently refreshed with new flooring and paintwork
- Ceiling fans and security screens
- Bathroom with grab rails
- 5kW solar system with 12V lighting and fans
- Shared community lounge and laundry facilities
- Onsite management office
- Undercover parking available on a first come, first served basis
- Body corporate fees of approximately $1,500 per quarter
- Currently rented at $310 per week
- Lease in place until 25 August 2027
- Annual rental income of $16,120
- Strong rental demand reported by onsite management

Offering an affordable alternative to traditional home ownership, Unit 33 presents an opportunity to enjoy a simpler lifestyle within an established community or secure a compact investment with an existing rental return.

Viewing by appointment only. Video walkthrough available upon request.

To arrange your private inspection, request the video walkthrough or find out more, contact Monet Griffin, your Cranbrook Specialist at Ray White Townsville, today.

Inspections

Explore the area

School catchments

Cranbrook State School Primary Prep-6 Government 0.41km
Holy Spirit Catholic School Primary Prep-6 Catholic 0.46km
Ignatius Park College Secondary 7-12 Catholic 0.76km
Riverside Adventist School Primary Prep-6 Independent 1.2km
Aitkenvale State School Primary Prep-6 Government 1.3km
Heatley State School Primary Prep-6 Government 1.6km
Tec-NQ Secondary 10-12 Independent 2.0km
Heatley Secondary College Secondary 7-12 Government 2.1km
Townsville-Thuringowa Centre for Continuing Secondary Education Secondary Government 2.1km
Mastery Schools Australia - Vincent Primary Temporary Facility Primary Independent 2.2km
Mastery Schools Australia - Vincent Secondary Temporary Facility Secondary Independent 2.2km
Vincent State School Primary Prep-6 Government 2.3km
Kirwan State High School Secondary 7-12 Government 2.4km
Annandale Christian College Combined Prep-12 Independent 2.5km
Weir State School Primary Prep-6 Government 2.5km
Annandale State School Primary Prep-6 Government 2.5km
Kirwan State School Primary Prep-6 Government 2.6km
The Cathedral School of St Anne and St James Combined Prep-12 Independent 2.6km
Indie School, Logan - Thuringowa Central Campus Secondary Independent 2.6km
Enkindle Village School Primary Prep-6 Independent 2.6km
Townsville Christian College Combined Prep-12 Independent 3.0km
Pimlico State High School Secondary 7-12 Government 3.4km
Queensland Pathways State College - Townsville Campus Secondary Government 3.4km
Currajong State School Primary Prep-6 Government 3.4km
Ryan Catholic College Combined Prep-12 Catholic 4.2km
Calvary Christian College Combined Prep-12 Independent 4.4km
Tec-NQ - Rosslea Campus Secondary Independent 4.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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