City fringe dual occupancy - renovate and reap the rewards

Located in Bell Street, this property which has sat in the same hands for over 60 years, offers huge potential given its location and generously sized allotment.<br/><br/>The property features two low set homes, of similar construction, with the front home Bell Street frontage and the rear home access through a designated laneway beside the South Townsville Bowls Club.<br/><br/>The front home has been kept vacant for sale.<br/><br/>It features 5 bedrooms along with a lounge room in the centre, dining room and kitchen. The shower toilet and laundry are under a roofed area at the rear of the home.<br/><br/>The rear home, a two-bedroom dwelling, is currently tenanted at $200 per week until 21 September 2022.<br/><br/>Note these two homes are on one title.<br/><br/>The homes are rated separately at $1744.90 each per half-year before a modest discount. (Total rates for one $3,489.80 per half-year).<br/><br/>The property<br/><br/>Front home<br/>- 5 bedroom low set home<br/>- Dining room<br/>- Lounge room<br/>- Kitchen<br/>- Bathroom toilet Laundry<br/>- Freshly painted<br/><br/>Rear home<br/>- Two bedrooms <br/>- Open Dining plan living dining<br/>- Bathroom toilet<br/>- Laundry<br/>- 1012 m2 allotment<br/>- Fully fenced<br/><br/>The location<br/>- Neighbouring Victoria Park and South Townsville Bowls Club<br/>- Less than 5 minutes to the city centre, Palmer Street Restaurants, Townsville Stadium<br/>- Less than 5 minutes to Railway Estate State School and Townsville State High School<br/>- Local hardware Pubs and Convenience stores nearby<br/>- Near South Townville Boat Ramp<br/>- Walking distance to the beach, parks, and playground