Investment Opportunity in South Townsville

40 Tully Street, South Townsville, 4810

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900,000 AUDEst. Mortgage: AUD 6,324/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 498 sqft
  • Bedrooms 6
  • Bathrooms 4
  • Furnished No
  • Last Updated 3rd Sep, 2024

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Courtyard
  • Deck
  • Fully Fenced
  • Garage: 4
  • Built-in Wardrobes

Property Overview

Presenting an incredible opportunity for astute investors, 40 Tully Street in South Townsville is a versatile and potentially high-yielding property that ticks all the boxes for solid returns and future growth. This unique property features four individual units, each designed for modern living and long-term tenant appeal. Whether you're looking to expand your portfolio or secure a stable income, this property offers exceptional value in a prime location.<br/><br/>Versatile layout with outdoor spaces: <br/><br/>• The property features 2 x 2-bedroom units upstairs, each with an expansive back deck, and 2 x 1-bedroom fully tiled units downstairs, complete with a laundry and ample undercover areas at the back<br/>• Downstairs units with one spacious bedroom: Offers comfortable living spaces for tenants, appealing to those seeking a cozy home.<br/>• Upstairs units with two spacious bedrooms: Provides ample space for tenants, ensuring a comfortable and versatile living environment.<br/>• Well-appointed bathroom per unit: Designed with contemporary fixtures, offering modern convenience and style.<br/>• Dedicated car park for each unit: Ensures convenience and security for residents, enhancing the appeal of the property.<br/><br/>Prime Location:<br/><br/>• Central South Townsville location: Situated in the heart of the area with easy access to local amenities, shopping centers, and public transport, making daily life convenient for tenants.<br/>• Walking distance to Queensland Country Bank Stadium, cafes, and beautiful Victoria park: Enjoy the convenience of being close to entertainment, dining options, and scenic outdoor spaces, making it an attractive choice for tenants. <br/><br/>High Rental Demand:<br/><br/>• Highly sought-after area for renters: Excellent investment potential with strong rental yield, ensuring consistent income.<br/>• Diverse rental options: Multi-unit setup allows for a mix of long-term leases or short-term accommodation, catering to various market demands.<br/><br/>Future Growth Potential:<br/><br/>• Steady growth in South Townsville: Ongoing infrastructure developments and increasing property values make this an ideal opportunity for capital growth.<br/>• Immediate rental income with future appreciation: An excellent balance of current returns and future financial gain.<br/>

Location on Google Map

40 Tully Street, South Townsville, 4810

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