Duplex returning 7.5% in Blue Chip City Fringe Locale

This property is currently not available.

A classic Queenslander duplex offering incredible returns on the doorstep of the CBD.

Need Property is proud to present 46 Findlater Street, Oonoonba.

Proudly situated in a quiet residential street surrounded by quality homes this turn of the century abode began life as a palatial character residence that has now been transformed into 2 spacious units; each with its own sense of history.

Unit 1 is fully renovated and current leased for $350 per week on a fixed term tenancy.
Unit 2 is in original condition and current leased at $200 per week on a periodic lease.

Need To Knows:
* Each unit offers 2 bedrooms and 1 bathroom
* Individually fenced yards
* 2 undercover secure car parking for each unit
* Ample storage/workshop space
* Solid and robust construction
* Council easement to the rear of the property means less maintenance for the tenants
* Rates: Approx. $2770.00 per half year
* Rent returns: $550.00 per week.
* Current Landlords Insurance: $4,075.00 per annum (approx)

The Position

A serene suburb that seamlessly blends urban convenience with a touch of natural beauty. Nestled in the heart of Townsville, Queensland, Oonoonba offers a tranquil lifestyle within close proximity to essential amenities.

This charming neighbourhood boasts tree-lined streets while still being just a short drive away from the vibrant Townsville city centre.

Oonoonba is well-connected, providing easy access to schools, shopping centres, parks, and recreational facilities.

Just a short 10 min drive to major employers such as James Cook University, Townsville Hospital and Lavarack Army Barracks.

The property for sale is strategically located, offering the perfect balance between privacy and community.

The Opportunity:

This property makes so much sense for those looking to add to their existing portfolio or perhaps first time investors looking to get onto the property ladder.

With immediate returns enjoyed plus the added benefit of increases your yield through renovation of Unit 2 to match Unit 1 it is easy to see why this property is sure to be very popular.

Get in touch today to register your interest with Luke on 0432 773 223 or Kya on 0432 486 900.

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