Solid Investment Opportunity Waiting at Your Door

5B Warburton Street, North Ward, 4810

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700,000 AUDEst. Mortgage: AUD 4,919/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 625 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Carport: 4
  • Secure Parking
  • Air Conditioning
  • Built-in Wardrobes
  • Toilets: 4

Property Overview

Situated in what is arguably one of Townsville's best suburbs, and only 2 mins from the city, is this prime investment opportunity for the astute investor.

The unit complex comprises of 4 x 2 bedroom units with 1 bathroom, 1 car accommodation and all on one title. The units have recently been renovated with all units have front patios or balconies.

The 2 bedroom units are spacious with a main living area that is overlooked by the kitchen. There is built-ins to the units and they are fully air-conditioned.
Current income per unit:

The 4 units have a total rental return of $865 per week.

The units have recently been freshly painted and its location is what makes this investment opportunity so special.

• The complex comprises of 4 x 2 bedroom units on one title
• 625sqm block with 1 garage per unit
• Return of 6% on investment
• Potential to renovate the units and receive a higher rental return
• Situated in the sought-after suburb of North Ward
• Open plan living areas, functional kitchen, built-in-robes and courtyards

If you require further information on this excellent investment opportunity, please contact Martin McDonough on 0438 174 898.

Location on Google Map

5B Warburton Street, North Ward, 4810

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