Contract Crashed - Back on the market again!

Located in the heart of North Ward and adjacent to the large Townsville Sports Reserve and bang across Townsville's iconic Castle Hill. North Ward as a suburb has always been Townsfolk's premier rental return suburb. Time has come for a lucky investor to purchase these well priced block of four two-bedroom units which are solid masonry constructed block units unlike the timber frame cladding units in the area. They are all rented and has never been a problem to do so because of its proximity to the Beach, the Shops/ Shopping Centre, Park, Townsville State & Townsville Grammar Schools and only down the road to the CBD. Situated on the main road to the City and the Airport this location is always popular with the high demand rental market. Currently returning over $40,560 per annum these units are not only excellent earners - they also have excellent potential to be strata-titled.

Recently the owner upgraded Unit 2 and as a result that unit has rented a $220 pw rent and the others certainly could be done with a similar refurbishment and the potential returns could get much higher. With each unit demanding a competitive rental price-tag, this investment is perfectly positioned for 100% tenancy, even in unpredictable economic climates.

Why invest now:

Economy-proof investment with good returns.
Tenanted property all throughout the year
Great for strata titling
New roof replaced in 2016
High demand area and price range for rentals
Units can be upgraded for higher rent
Suit Investors looking for a good revenue stream

Positioned in fantastic location, these units will always be in high demand, regardless of economic doom and gloom, people will always be on the hunt for their modest little piece of paradise close to City and near the beach. With the large ground in front and views of Castle Hill this is a fantastic investment to consider.

This is a wise investor's opportunity to secure their future in a property with enormous potential to modernise, upgrade and get higher yield. To view please do not hesitate to call Girish Menon on 0414 985 243 or email [email protected]