Inspect Today! Positioned in the heart of highly sought after Pimlico, this well maintained complex of 4 low set units offers an exceptional investment opportunity with strong returns and low maintenance appeal. Constructed from durable block construction and featuring a previously upgraded roof, this is the ideal set-and-forget investment in a prime central location.
Each unit offers a practical and functional layout with 2 bedrooms, 1 bathroom, open-plan living spaces, and dedicated car accommodation. Conveniently located close to major amenities, schools, shopping centres, medical facilities, and the Townsville CBD, this property presents an outstanding opportunity for investors seeking immediate income and long-term growth potential.
Property Features Include:
- Complex of 4 low set units
- All units feature 2 bedrooms and 1 bathroom
- Each unit includes a dedicated single carport
- Solid block construction for long-term durability
- Previously upgraded roof
- Functional open plan living and dining layouts
- Low maintenance design throughout
- Ideal investment opportunity with multiple income streams
- Positioned on a centrally located allotment in Pimlico
The Lifestyle Appeal:
Centrally located for the Townsville University Hospital, James Cook University, the Townsville CBD and the retail and dining options of Castletown Shopping Centre, this property sits in a highly desirable location for Tenants. Residents will also enjoy easy access to schools, public transport, parks and major arterial roads, ensuring ongoing rental demand and convenience.
For the Investor:
- Returning approximately $71,760 per annum
- Rates: $8,172.00 per half year including an allocation of water
- Low-maintenance block construction
- Strong rental demand location
- Multiple income streams across 4 units
- Previously upgraded roof reducing future maintenance concerns
- Excellent long term investment potential in central Townsville location
If you are looking for further information on this complex, or to view, contact Gavin Micola today on 0407 159 314.
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