Positioned in a convenient inner city location, 22 Percy Street, West End presents a rare opportunity to secure a block of four units on one title, offering immediate income with strong potential to increase returns.
Comprising 8 bedrooms and 4 bathrooms across four individual units (each configured as 2 bedrooms, 1 bathroom), this property is perfectly suited to investors, renovators, or those looking to add value and maximise yield.
Three of the four units are currently tenanted, generating a combined rental income of $815 per week, while Unit 2 has recently undergone a full renovation, providing a clear blueprint for future upgrades across the remaining units to further boost returns.
With scope to renovate, release, or reposition the asset, this is an ideal opportunity for savvy investors or flippers looking to capitalise on a high demand rental market.
Property Features:
- Block of 4 units on one title
- Total of 8 bedrooms & 4 bathrooms
- Each unit configured as 2 bed, 1 bath
- 2 carport spaces
- Unit 2 fully renovated (recently completed)
- Strong potential to increase rental return
- Ideal for renovation or value-add strategy
Investment Highlights:
- 3 units currently tenanted
- Combined rental income: $815 per week
- Opportunity to renovate remaining units and increase yield
- High demand rental location close to CBD
Location Highlights:
Located in the central suburb of West End, this property offers excellent proximity to the Townsville CBD, local shops, public transport, and schools. Just minutes from The Strand, Castle Hill, and major amenities, West End continues to be a popular choice for tenants seeking convenience and lifestyle.
Opportunities to secure an entire unit block with this level of flexibility and upside are rare. Whether you’re looking to add to your portfolio, renovate for profit, or hold for long-term growth, this property delivers on all fronts.
Contact Lachlan Coote on 0411 807 228 for further information or to arrange an inspection.
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