INVESTMENT OPPORTUNITY IN CBD

$700,000

Unit real estate, Townsville City QLD

Located in the heart of the CBD of Townsville this 11th floor 2 Bedroom/2 Bathroom apartment looks out over Mt. Stuart and the outer suburbs.
A beautifully designed modern apartment within easy walking distance of shops, restaurants, cinemas and Stadium.
Sit out on the balcony and take in the views and the sea breeze.

Open plan living/dining and kitchen which flows out to the outdoor entertaining area. Both bedrooms are located of the living area.
Both bedrooms have direct access out to the balcony.

It is a gated complex with fob access to enter and exit the building. Exclusive use car space located on level 2 for the apartment. There is some visitor parking located on level 2 also.

Level 5 you will find the swimming pool and BBQ area which looks out over the CBD and Townsville Port area. You will also find a communal library situated near the doorway to the swimming pool.

FEATURES OF THE APARTMENT:

Galley kitchen with walk in pantry - stainless steel appliances and dishwasher
Bedroom 1 has large walk-in robe.
Ensuite to main bedroom
Bedroom 2 has BIR and direct access to main bathroom.
Bathroom has shower, vanity and toilet.
Separate laundry with clothes dryer
Small storage room which has fuse box and hot water service
NBN ready
Ceiling fans and air conditioned throughout
Large linen/storage cupboard

TENANTED UNTIL JANUARY 2027 $575.00 PER WEEK - VERY GOOD AND RELIABLE TENANTS.

More Information

Property Overview

Category: Unit
Details: 2 2 1
Price: $700,000
Area: 144m2

Property Features

Furnished
Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ (not disclosed)
_{How much does the property return in rent per year.}

Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: (not disclosed)
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}