40/3 Kingsway Place,
Townsville City 4810, Queensland

Amazing Investment Opportunity Offering 7.8% Gross Yield - The Best Aspect In The Building

Situated in the immaculately positioned Central Precinct in the heart of Townsville City, the Central Kensington building is a stylish, fully serviced apartment complex offering the ultimate in low-maintenance living, and with a view, too! This delightful two-bedroom residence is conveniently located on the cusp of the CBD with the wonders of Palmer and Flinders Street right at your doorstep, as well as a whirlwind of award-winning restaurants, cafes, a cinema, and boutique shopping all within walking distance. Whether your weekend calls for an afternoon stroll along the river, a night cheering on the Cowboys at the Queensland Country Bank Stadium or a weekend spent beachside at The Strand, with a location like this, you will find you are simply spoilt for choice!

Currently in the hotel letting pool, the astute investor will love the guaranteed rental yield of $2,087.96 per month boasting a 7.8% Gross yield, with a great return and a consistent income, this unit is the perfect asset to add to an investment portfolio! This fully air-conditioned unit is situated on the 9th floor and exhibits a versatile floorplan with views that are simply unbeatable. Upon entry, you have unit 40A to your right on the North-East Corner of the building with one of the most unbeatable aspects in all of Townsville! On the left as you enter is 40B with the Northern Aspect.

40A boasts an expansive living space catering to an open planned living space centralised around maximising the flow to the balcony and views. You have a well appointed kitchen with plenty of bench space and electric oven and cooktop. The bathroom has a walk-in shower and European laundry with bifold doors. and the master bedroom boasting mirrored built-in wardrobe and plenty of natural light.

40B Boasts a large bathroom with walk-in shower, a versatile floorspace and is quite large for a typical studio apartment and has a large study nook for people working on the go

Continuing down the hallway, the bathroom is centrally located with a large vanity with under-sink storage, as well as a spacious walk-in shower. At the end of the hallway, the space opens into a combined kitchen, dining and living, flooded with plenty of natural light through the huge, sliding glass doors that lead out to the balcony beyond. The views here are second to none, overlooking the Central Precinct and out to the Queensland Country Bank Stadium, down the bay to Cape Cleveland, sweeping across Mount Elliott over to Mount Stuart, and then northwards to the Great Divide- where else would you rather be?

The Kensington building is well-maintained and caters to all your needs, with key fob gated entry and secure lift access directly to your floor, as well as secure parking, a lockable storage cage and the addition of a sparkling, in-ground pool with views over Castle Hill to beat the summer heat.

Perfect for a student or professional couple, this home also presents an incredible opportunity for the budding investor to add a great property to your portfolio with a clean rental return, very reasonable body corporate rates and with the option to utilise the fantastic on-site management team to look after your property. Central and low maintenance, this home has nothing left to do other than pack the car and move on in! Don't delay- contact Jabyn or Ben to secure your inspection, today!

• Guaranteed Monthly Income of $2,087.96
• Dual Key Units - One Fully 1 Bedroom Unit and One Studio
• Well Appointed - Carpeted In Bedrooms and Living Spaces
• Air-Conditioned Throughout
• Easterly Aspect With Unbeatable View Corridor Over The Stadium and City
• Live In One and Let The Other, Keep Them Both in The Holiday Letting
• Secure Parking and Storage Cage
• Barbeque Facility and Swimming Pool In Complex
• Short Walk To The Queensland Country Bank Stadium
• 7.8% Gross Yield

* Furnishing Package Owned By Onsite Management and Is Placed in There When In The Guaranteed Letting Pool

*Property Description/Write-Up is Copyright of Jabyn Manning and Ben Waugh at Ray White Townsville

Disclaimer: Ray White Townsville has 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.