North Ward is one of Townsville most sought after locations and for good reason. Only minutes from the front door is a sprawling suburb of lifestyle options such as Queens Gardens, The Water Park for the kids and the newly rebuilt Tobruk Pool and Leisure Center just to name a few. For the daily needs the Coles North Ward Shopping Centre offers a butcher, chemist, cellars, news agency and bakery. Some of Townsville's best school options are also nearby with St Joseph's Primary, Grammar High School, Townsville Central School and St Patricks College.
Built at the foothills of Castle Hill, this great investment opportunity awaits. Currently returning $1,200 per week with secure tenants. The units have undergone a renovation from top to bottom, these are the perfect assets to have in your portfolio. Internally and Externally repainted in a contrast of grey and white, to suit a netutral colour palette, new bathrooms and split system air-conditioners in the living space. This is the perfect invesment to take on as all the hard work has already been done.
With so much land on offer, here at 1,032 square metres - there are plenty of possibilities in the future upside of this allotment. STCA, more units at the rear, knock down and develop or subdivide. The Sellers have previously investigated the possibilities in here and had previous devlopment approval for 7 3 bedroom town houses. This approval has lapsed and leaves many new possibilites for the future.
All four units feature separate toilet from the bathrooms, individual laundry tubs and outlets that is fully lockable with clothes line beside. Electric gate at the front of the complex, laminate low maintence kitchens, all main bedrooms with large built in wardrobes. NBN to the premises is also installed to the units. Units 1,3,4 all have shower over bath with unit two featuring walk in shower with dual shower heads. The top two units have beautiful polished timber floors.
Being all on one title also means no body corp fees. All Units currently return $300 per week and all are secured on either 12 or 6 month leases with the first one up for renawl in November.
Council Rates are approx: $6,904.35 per half year prior to discount
If you have an eye for potential and growth, then you cannot miss this fantastic opportunity. Book your personal tour today!