This property will cashflow positively, at the lowest tax rate, $84,746 over the 10 years.

Townsville is the unofficial capital of North Queensland, having overtaken significance Cairns in importance. Townsville is Australia’s largest urban centre north of the Sunshine Coast and ranks larger than Darwin. Located on the Coral Sea, Townsville offers an ideal location for accessing the world heritage listed Great Barrier Reef and Queensland’s idyllic tropical north. The city is divided by the Ross River and surrounded by ocean on the east and tropical rain forests to the west.