Block of Units for Sale
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Award Winning Build with Fantastic ReturnsProperty ID 1466769Situated on a corner block in the central Townsville suburb of Currajong, the sellers offer the opportunity to purchase four tenanted units, two units and two townhouses, split across two duplexes on the same title. The entire property consists of the original duplex facing Bayswater Rd plus the 2013 Vista Homes built, award winning, townhouse duplex facing Trevor St.
Rental Income - $56,680 per annum.
Total Insurance - $658.80 per annum.
Total Council Rates - $9033.88 per annum.
Net Position - $46,987.32 before tax and depreciation reductions.
NB: Depreciation schedules available on request.
Both duplexes are continually rented, being in a very central and popular area and with depreciation schedules already in place provide a very good return.
Duplex 1 Both units consist of:
- Original duplex in good condition with several renovations already completed.
- Separate entries with front veranda.
- Open plan living area with walk in kitchens.
- Two bedrooms.
- Bathroom with separate toilet.
- Stair access front and rear with courtyard at the rear of the properties.
- Under house parking and storage.
- Currently tenanted for $190 and $200 per week.
Duplex 2 Both townhouses consist of:
- 2013 Master Builders Award for Low Rise Multi-Residential Housing.
- Single secure garage with entry to home.
- Porch landing and formal entry.
- Modern open plan living/lounge room at the front of the townhouse
- Stunning kitchen with plenty of benchspace.
- Outdoor patio to capture the breezes.
- Internal laundry and downstairs toilet.
- Upstairs lounge room for separate living areas.
- Two good sized bedrooms.
- Beautifully designed bathrooms with bath and separate showeer.
- Separate toilet and powder basin.
- Currently tenanted for $320 and $380 per week.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.