Itara at Riverway is a master planned apartment development that has unveiled a new level of sophistication to Townsville’s previously under-utilised riverfront. Spectacular river views from every one of the boutique-style 1, 2 and 3 bedroomsapartments that link seamlessly with the area’s pristine parkland.

Total Units 52 – Permanent 22, Holiday/Corporate 15, Outside Agents, 7, Owner Occupiers 8
Terms of Agreement: 28 years as of 2008
Managers Unit: Located on Level 2 – Comprising 2 brms, 2 bath & large 22m2 balcony
Facilities: Laundry Service, Lift/Elevator, Non-Smoking Rooms, Parking Facilities. reception, Swimming Pool – Outdoor and Tour desk
Occupancy 77% year one
Body Corp. Remuneration: $64,272 (adjusted annually to CPI)
Nett Profit: $205,000 (Includes Body Corp. Remuneration)

Business Price: $780,000
Unit Price: $570,000