26 Riveredge Boulevard,
Oonoonba 4811, Queensland

SOLD By Ilise Nicholson

Located in the highly sought-after, family-centric community within 'The Village', Oonoonba, this contemporary duplex offers the perfect, low-maintenance investment opportunity, situated only 5km from the Townsville CBD. Achieve the returns of two properties on one allotment, without body corporate fees!

Looking to occupy? Invest now and move in later, with the potential to lease out one of the units and enjoy the passive income of the second residence.

Currently tenanted through the NRAS affordability scheme until November 6th, 2023, this property is currently returning $540*/week at strong 6.6% gross yield. An even more attractive return awaits the discerning investor, with appraised returns of $710/week at current market value, with a whopping gross yield of 8.7%, upon the expiration of the current lease in November!

With Townsville experiencing some of the highest rental yields in the country and vacancy rates continuing to come down, now is the perfect time to consider investing in the region.

Property Details:

Both residences are modern in design and feature a timeless colour palette and quality fixtures throughout. There are two separate entrances, offering a degree of privacy and separation between the two units.

26A:
- Currently tenanted at $337.60* under the NRAS scheme (market value appraisal of $400/week, after 06 November 2023)
- 3 spacious bedrooms, each with built-in wardrobes
- Split-system air conditioning to the master bedroom & living room
- Master bedroom features an ensuite with a walk-in shower and toilet
- Open plan living/dining with modern kitchen, and island bench with breakfast bar
- Family bathroom with shower over bathtub
- Low-maintenance outdoor living with patio and pebbled courtyard
- Remote controlled secure garage, with laundry

26B:
- Currently tenanted at $202.40* under the NRAS scheme (market value appraisal of $310/week, after 06 November 2023)
- Studio/loft with internal stairs, built-in robe & private balcony
- Split-system air conditioning
- Modern kitchen with overhead storage
- Bathroom with large walk-in shower and toilet
- Remote controlled secure garage, with laundry and storeroom

*not inclusive of NRAS incentive payable to the owner

'The Village' is one of Townsville's most prestigious, master-planned communities. Only a stones' throw from a range of amenities, childcare centres, schools, including Oonoonba State School, this location could not be more ideal! Just moments to Fairfield Shopping & Homemakers Centre, Kmart, Bunnings and The Precinct, there are a multitude of food and dining options available, right at your doorstep! Opportunities like this don't hit the market often, don't miss your chance!