Rental return of 4.5%, why would you leave your money in the bank?

Welcome to one of Townsville's best investment opportunities! With low body corporate fees, high rental returns, fastidious on site manager and a premium position close to major employment hubs such as the university, hospital and Army Barracks, this property should be put to the top of your "Inspect this weekend" list.

Fast Facts:
Bedrooms: 2
Bathrooms: 2
Car parks: 1 + visitor parking + lockable storage room
Interior size: 113sqm
Rental return: $380/week
Strata rates: $3,045/year approx.
Council rates: $3,200/year approx. including water
This unit was not affected by the 2019 flood event.

This modern two-bedroom, two-bathroom unit is always in high rental demand. Neutral tones throughout combine with executive-style finishes to attract a better class of tenant, leading to a higher rental return. Floor to ceiling glass doors lead out onto the private balcony, overlooking the resort-style pool and courtyard which enables consistent breezes through the unit all year. A dedicated undercover car park, plus heaps of visitor parking and a storage room are all protected by high security gates.

Springbank Urban Village is the only complex in Townsville designed from the ground up to cater for pet owners, even having its own off-leash dog park. Acres of grassed areas and gardens throughout the complex are kept manicured, and include multiple BBQ areas, workout facilities and a huge pool. The vacancy rate reflects the thought that has gone into this property, often having applications on units before they're even empty, leading to an extremely low vacancy rate.

Just across the road is The Precinct; a brilliant combination of take-away, restaurants and even an Otto's fresh food market. This unit is 5 minutes' drive to the ever-growing Fairfield Shopping Centre, which has everything from K-Mart, to Bunnings and Zarraffas. Within ten minutes' drive is the Army barracks, hospital and university, ensuring a constant demand from tenants in these fields.

Please call Steve Cox on 0400 708 996 if you have any questions or would like to book an inspection. After hours and weekend calls are welcome.



All facts and figures given here are provided to the best of our knowledge, however all buyers should make their own enquiries to confirm.