Solid Investment Opportunity - Strong Returns & Secure Lease!

Perfectly positioned in the sought-after suburb of Hermit Park, this updated two-bedroom, one-bathroom upper floor unit offers a comfortable lifestyle in a well-maintained complex. Currently leased until August 2026 at $400 per week, it offers immediate returns in a central, well-connected location just minutes from the Townsville CBD, public transport, schools, and shopping centres, this low-maintenance unit is a smart buy in a high-demand area.

Investment Opportunity:
This well-presented unit offers a fantastic opportunity for investors seeking immediate and consistent returns.
Currently leased on a 12-month tenancy at $400 per week, with the most recent rent increase effective from 22nd August 2025, this property provides both stability and growth potential.
• Annual Rental Income: Approx. $20,800
• Approx. Body Corporate Fees: $4,250 per year (see sellers disclosure)
• Rates (per half): Approx. $2,095 (includes water)
• Enjoy peace of mind with a reliable tenant already in place, making this an ideal addition to any investment portfolio. Combining affordability, solid rental yield, and a convenient location, this property represents a smart choice for investors looking for strong returns with minimal fuss.

Key Features:
• Two spacious bedrooms.
• Open-plan kitchen and living area, ideal for relaxed living and entertaining.
• Private full-length patio with access from the living area and main bedroom.
• Kitchen with ample bench space and storage.
• Recent replacement of the shower area including all waterproofing, tiles, shower unit and plumbing.
• Separate toilet for added functionality.
• Hard-wearing vinyl plank flooring throughout.
• Split-system air conditioning and ceiling fans in all rooms for year-round comfort.
• Covered off-road car park plus ample visitor parking in the complex.

Located just minutes from the Townsville CBD, public transport, schools, and shopping centres, this low-maintenance unit is a smart buy in a high-demand area, Call Coralie Macdonald on 0413 450 652 today!

Disclaimer: Ray White Townsville and Coralie Macdonald have prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Explore the area

School catchments

St Margaret Mary's College Secondary 7-12 Catholic 0.70km
Hermit Park State School Primary Prep-6 Government 0.74km
Townsville State High School Secondary 7-12 Government 1.4km
Tec-NQ - Rosslea Campus Secondary Independent 1.5km
Railway Estate State School Primary Prep-6 Government 1.6km
St Joseph's Catholic School Primary Prep-6 Catholic 1.7km
Townsville West State School Primary Prep-6 Government 1.7km
Mundingburra State School Primary Prep-6 Government 1.9km
Pimlico State High School Secondary 7-12 Government 2.2km
Marian Catholic School Primary Prep-6 Catholic 2.3km
Queensland Pathways State College - Townsville Campus Secondary Government 2.4km
Oonoonba State School Primary Prep-6 Government 2.6km
The Cathedral School of St Anne and St James Combined Prep-12 Independent 3.0km
Currajong State School Primary Prep-6 Government 3.0km
Townsville South State School Primary Prep-6 Government 3.3km
Townsville Grammar School Secondary Prep-12 Independent 3.4km
William Ross State High School Secondary 7-12 Government 3.6km
Townsville Central State School Primary Prep-6 Government 3.6km
St Joseph's Catholic School, The Strand Primary Prep-6 Catholic 3.6km
Southern Cross Catholic College Combined Prep-12 Catholic 3.7km
Belgian Gardens State School Primary Prep-6 Government 3.7km
Garbutt State School Primary Prep-6 Government 3.7km
St Patrick's College Townsville Secondary 7-12 Catholic 3.7km
Townsville Christian College Combined Prep-12 Independent 3.8km
Annandale Christian College Combined Prep-12 Independent 4.2km
Mastery Schools Australia - Vincent Secondary Temporary Facility Secondary Independent 4.2km
Yallorin Yimba Silver Lining School Secondary 7-12 Independent 4.8km
Heatley Secondary College Secondary 7-12 Government 5.1km

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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