This set of 6 fully tenanted units are located right where you want them to be – right in the heart of North Ward! Only a short stroll to everything this investment property has seen and will see great returns now and into the future.
The property consists of 6 units in total consisting of 2 x two bedroom units and 4 x one bedroom units. The two bedroom units are large in size and the one bedroom units are also generous in their proportions. There is also covered parking for all six units and a shared laundry area.
It’s masonry block construction means lower maintenance. There is plenty of room for improvement here but the property is still showing a very credible 7% gross return on asking price. If you are looking to future proof the investment the land size of 1,012 sqm also gives great opportunity for redevelopment.
Being situated so close to the beach, shops, cafes, bars and restaurants these units have very little down time between tenants.
Townsville’s property market is on the march and opportunities like this don’t come along often.
0432 407 208
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