This property consists of two units, each having 2 bedrooms, 1 bathroom, 1 car accommodation. Solid lowset block construction on an 809 sqm block is close to all amenities. Each unit has its own fenced yard and covered car parking which could easily have a roller door added to improve rental returns.
Current return is 7% gross (approximate based on a purchase price of $350,000) and while the units themselves are in original condition from when built in the mid 70’s (estimated) they are very liveable but could be renovated to increase returns. The property is already fully tenanted.
With a location that is so close to Willows Shopping Centre, Redding Cinemas, Lavarack Barracks, Townsville University Hospital and James Cook University the property will always be a sought after rental.
Duplexes coming to market in Townsville are rare, don’t miss this opportunity.
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