Sold
4/13 Forrest Street,
Rosslea 4812, Queensland
$263,666.66
Property details
-
Agents
Features
- Investement
- Storage room
Rare Investment Opportunity - Block of 6 Units Opposite Townsville Golf Club
Positioned directly across from the Townsville Golf Club, 13 Forrest Street in Rosslea offers an exceptional opportunity to secure a full complex of 6 x two-bedroom units on individual titles but no body corporate fees / strata fees. With a strong rental return and projected future growth, this is a blue-chip addition to any investment portfolio.
Property Features:
Unit Configuration:
Ground Floor: 4 x 2-bed, 1-bath units with open-plan living and front patios
Top Floor: 2 x 2-bed, 1-bath units featuring balconies to catch the afternoon breeze
Additional Features Include:
One designated undercover car park per unit
One lockable storage room per unit
Air conditioning throughout for year-round comfort
Solid, low-maintenance construction
No strata fees, resulting in significantly higher net returns
Location Highlights:
Directly across from Townsville Golf Club
5 minutes to the A1 Ring Road for easy commuting
10 minutes to Fairfield Shopping Centre
15 minutes to The Strand and Townsville CBD
Rental Information:
Current gross rent: $114,920 p.a.
Current yield: Approx. 6.8% gross
Future projections (by Feb 2026): $120,000 - $124,000 p.a.
Estimated rent per unit: $390-$400+ per week (Projected yield: 7%+ gross)
Outgoings:
Rates: $22,994.40 p.a.
Insurance: New buyer to obtain their own quote
Management fees: New buyer secure own management quote
All 6 units are currently tenanted with lease renewals available, offering strong ongoing income.
A Smart, High-Yield Investment
Opportunity to secure an entire unit complex with a high level of return. With no strata fees, 100% occupancy, and growing rental demand, 13 Forrest Street represents a secure, high-performing asset ideal for the savvy investor.
Contact us today for further information or to arrange your private inspection.
Explore the area
School catchments
- Tec-NQ - Rosslea Campus Secondary Independent 0.21km
- St Joseph's Catholic School Primary Prep-6 Catholic 0.84km
- Mundingburra State School Primary Prep-6 Government 1.1km
- Oonoonba State School Primary Prep-6 Government 1.7km
- Hermit Park State School Primary Prep-6 Government 1.7km
- Pimlico State High School Secondary 7-12 Government 1.9km
- St Margaret Mary's College Secondary 7-12 Catholic 2.0km
- William Ross State High School Secondary 7-12 Government 2.2km
- The Cathedral School of St Anne and St James Combined Prep-12 Independent 2.2km
- Southern Cross Catholic College Combined Prep-12 Catholic 2.3km
- Queensland Pathways State College - Townsville Campus Secondary Government 2.3km
- Townsville Grammar School - Annandale Campus Primary Independent 2.4km
- Marian Catholic School Primary Prep-6 Catholic 2.8km
- Townsville State High School Secondary 7-12 Government 2.8km
- Railway Estate State School Primary Prep-6 Government 2.9km
- Annandale Christian College Combined Prep-12 Independent 2.9km
- Townsville West State School Primary Prep-6 Government 3.2km
- Currajong State School Primary Prep-6 Government 3.2km
- Annandale State School Primary Prep-6 Government 3.2km
- Wulguru State School Primary Prep-6 Government 3.5km
- Riverside Adventist School Primary Prep-6 Independent 3.6km
- Townsville Christian College Combined Prep-12 Independent 3.8km
- Yallorin Yimba Silver Lining School Secondary 7-12 Independent 3.9km
- Mastery Schools Australia - Vincent Secondary Temporary Facility Secondary Independent 4.0km
- Ignatius Park College Secondary 7-12 Catholic 4.4km
- Tec-NQ Secondary 10-12 Independent 4.8km
- Heatley Secondary College Secondary 7-12 Government 4.8km
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.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.