Duplex with Development Potential For Sale

2 John Street, West End
High $500,000
Block Of Units
  • Bedrooms 4
  • Bathrooms 2
  • Car Spaces 2
  • Land Size 1029 Square metres

Description

Development Potential – DA Approval in Place

Inspect today! A rare opportunity has presented itself with a well maintained duplex that has consistently great returns. Positioned in Townsville’s city fringe suburb of West End and only a short distance to major shopping outlets, The Strand, City and more! Both units are currently leased to great Tenants and are showing returns of $500 P/W - $250 P/W each with no body corporate costs.

This property currently has a development application in place until 2024 to have an additional 2 x 2 level townhouses built to the rear of the 1,029m2 block, drawing and additional information can be supplied on application.

Current Property Features Include:

2 x 2 Bedroom Units
1 Bathroom to Each Unit
Open Plan Living
Air Conditioned
1 Carport Each
Fully Fenced Courtyards
Great Rental Returns

Rental Income: $26,000.00 P/Year
Rates: $5,000.00 P/Year (Approx.)

To inspect this great property or to find out more please call Gavin Micola today on 0407 159 314.

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Heating & Cooling

  • Air Conditioning

Outdoor Features

  • Courtyard
  • Outdoor Entertainment Area

Indoor Features

  • Broadband Internet Available

Location

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