Have you tried to book a hotel room close to the Townsville CBD lately? With the mining industry, increased development and business opportunities in Townsville, good quality accommodation is in high demand!

This dual key fully furnished apartment, currently leased to the 4 Star – Oaks Apartments on Palmer Street, is providing a fantastic return and very low vacancy rate. With premium finishes, beautiful views over the river and CBD, and fantastic amenities close at hand.

Leave it as a very reliable investment property, or move in yourself and be on the doorstep of Townsville’s eating and nightlife district.

Apartment 402A
- One bedroom apartment with ensuite.
- Large lounge overlooking the balcony and city views.
- Kitchenette, complete with oven and cooktop.
- Master bedroom with built-in robes and privacy screen.
- Spacious ensuite with luxurious spa bath.
- Tiled entry with built-in laundry.
- Fully ducted air-conditioning.
- Fully furnished.
- Beautiful views over the 21m lap pool and CBD.

Apartment 402B
- Spacious studio apartment with bathroom.
- Small kitchenette with tea and coffee making facilities.
- Main bathroom with bath and plenty of bench space.
- Balcony with stunning views.
- Ducted air-conditioning.
- Fully furnished.

Financials
- Both apartments currently managed by Oaks Gateway Apartments.
- Body Corp Fees of $1200 per quarter.
- Rates of $1050 per half year.
- Holiday let rental of approx $3032 net per month for the last 2 years.

Don’t miss out on a great investment to add to your portfolio. With very low vacancies rates, plenty of depreciation remaining and expected growth for the future this is a wonderful opportunity.

Call Matthew for your own private viewing today.

Property Code: 404114345