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13 Neelsen Street,
Wulguru 4811, Queensland

2 bedrooms
1 bathroom
1 car space
769m² land size
House

$530,000


Property details

769 sqm with Guaranteed Returns

Perfectly positioned for both immediate cash flow and long-term land banking, this classic Queenslander offers a turnkey solution for savvy portfolios. Ideally located just minutes from key infrastructure, including schools, major retail hubs, and parklands, this property's location is very appealing.

• Low-set Queenslander on a 769 sqm block, fully fenced, including additional returns on each side
• Durable timber vinyl planking in high-traffic areas
• Fully air-conditioned with high ceilings to maximize airflow, a non-negotiable for premium Townsville tenants.
• Both bedrooms feature built-in robes, air conditioning, and carpets - Bed 1 is Master-sized, and Bed 2 is Queen-sized
• Kitchen is galley style with a pantry, an electric stove, and a refrigerator included
• Bathroom is modern with tiled walls, a shower over the tub, a toilet, and a vanity
• Fitted with Crimsafe screen doors and security screening for lower insurance risk and tenant peace of mind.
• Rear entertaining area, lockable laundry, and carport for one vehicle

Lease:

• Currently rented at $440 per week until 20 November 2026
• Updated rental appraisal at $460 - $480 per week
• Date of last rental increase was 19 December 2025 - With the "last rent increase" clock already ticking toward late 2025, the incoming owner is perfectly positioned to capture the market peak during the next lease renewal.

• Council rates - Approx. $4,400 p.a. (Includes water)

This is an opportunity to enter the burgeoning Townsville market with this solid home.
Please contact Craig on 0400 048 940 for further information.

Explore the area


School catchments

  • Wulguru State School Primary Prep-6 Government 0.73km
  • Enkindle Village School - Wulguru Campus Primary Independent 0.84km
  • Southern Cross Catholic College Combined Prep-12 Catholic 2.2km
  • Oonoonba State School Primary Prep-6 Government 2.6km
  • Townsville Grammar School - Annandale Campus Primary Independent 2.9km

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.


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