Townsville property is on the move….this property is ON THE MARKET TO SELL NOW.
This block of 6 units are currently rented for around $180 pw each. With some sympathetic renovation you could expect to achieve $300 pw as top end executive rentals. The location could not be better within walking distance of The Strand and only a few minutes drive into the cbd.
The units are strata titled so you could sell them off one by one or keep as a 6 pack. There is scope to turn one of the units into a 2 bedder and value add to your renovation. You could also add courtyards to the rear and value add again. The last unit could also be fenced off from the rest. The scope of work on this property is not as hard as you would expect, the block is in very sound condition for its age. Because there is no body corp operating (its does exist but not active) you can do what you want to the building and develop it into something special.
All the units are currently tenanted so viewings can be arranged with 24 hours notice
sustainability declaration available.