AUCTION THIS SATURDAY ... When An Investment Opportunity Knocks...

This well presented and updated set of four masonry block units is fully occupied by long term corporate tenants with secure long-term leases in place. The complex has nice street appeal and is centrally located.

A larger floor plan than the standard, each unit offers spacious open plan, tiled interiors, tidy kitchens, fully air conditioned, upgraded and modern bathrooms with a large tiled wet area & linen cupboard. All units have good internal paint and present very well. Fully renovated after the 2019 weather event, the roof was replaced also. Single vehicle accommodation is at the front of each unit.

Showing a strong rental performance of over $60,000 per year, each unit currently returning $290 per week per week (until July 1 2022) with ongoing interest to renew the leases.
Opportunity is knocking in this convenient rental location. Very close to Rising Sun Shopping centre and hotel, public transport on Queens Rd or Bowen Road. Also convenient to the James Cook University and Lavarack Army Barracks.

Each 2-bedroom unit comprises of:
• Open plan living / dining
• Air conditioning throughout
• Security screens offer peace of mind
• Solid block walls
• Convenient car accommodation
• Solid long term leases in place
• No body corporate attached ( 1 Title )
• Land size 809 sqm
• Walking distance to Rising Sun Shopping Centre

Explore the area

School catchments

Tec-NQ - Rosslea Campus Secondary Independent 0.66km
St Joseph's Catholic School Primary Prep-6 Catholic 0.91km
Hermit Park State School Primary Prep-6 Government 1.1km
Mundingburra State School Primary Prep-6 Government 1.2km
St Margaret Mary's College Secondary 7-12 Catholic 1.4km
Pimlico State High School Secondary 7-12 Government 1.8km
Queensland Pathways State College - Townsville Campus Secondary Government 2.1km
Oonoonba State School Primary Prep-6 Government 2.1km
Townsville State High School Secondary 7-12 Government 2.3km
The Cathedral School of St Anne and St James Combined Prep-12 Independent 2.3km
Marian Catholic School Primary Prep-6 Catholic 2.4km
Railway Estate State School Primary Prep-6 Government 2.4km
Townsville West State School Primary Prep-6 Government 2.6km
William Ross State High School Secondary 7-12 Government 2.8km
Southern Cross Catholic College Combined Prep-12 Catholic 2.9km
Currajong State School Primary Prep-6 Government 2.9km
Townsville Grammar School - Annandale Campus Primary Independent 3.0km
Annandale Christian College Combined Prep-12 Independent 3.3km
Townsville Christian College Combined Prep-12 Independent 3.6km
Annandale State School Primary Prep-6 Government 3.6km
Vincent State School Primary Prep-6 Government 3.7km
Mastery Schools Australia - Vincent Secondary Temporary Facility Secondary Independent 3.9km
Townsville Grammar School Secondary Prep-12 Independent 4.3km
Yallorin Yimba Silver Lining School Secondary 7-12 Independent 4.4km
Ignatius Park College Secondary 7-12 Catholic 4.5km
St Patrick's College Townsville Secondary 7-12 Catholic 4.6km

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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