Presenting an incredible opportunity for astute investors, 40 Tully Street in South Townsville is a versatile and potentially high-yielding property that ticks all the boxes for solid returns and future growth. This unique property features four individual units, each designed for modern living and long-term tenant appeal. Whether you're looking to expand your portfolio or secure a stable income, this property offers exceptional value in a prime location. Versatile layout with outdoor spaces: • The property features 2 x 2-bedroom units upstairs, each with an expansive back deck, and 2 x 1-bedroom fully tiled units downstairs, complete with a laundry and ample undercover areas at the back • Downstairs units with one spacious bedroom: Offers comfortable living spaces for tenants, appealing to those seeking a cozy home. • Upstairs units with two spacious bedrooms: Provides ample space for tenants, ensuring a comfortable and versatile living environment. • Well-appointed bathroom per unit: Designed with contemporary fixtures, offering modern convenience and style. • Dedicated car park for each unit: Ensures convenience and security for residents, enhancing the appeal of the property. Prime Location: • Central South Townsville location: Situated in the heart of the area with easy access to local amenities, shopping centers, and public transport, making daily life convenient for tenants. • Walking distance to Queensland Country Bank Stadium, cafes, and beautiful Victoria park: Enjoy the convenience of being close to entertainment, dining options, and scenic outdoor spaces, making it an attractive choice for tenants. High Rental Demand: • Highly sought-after area for renters: Excellent investment potential with strong rental yield, ensuring consistent income. • Diverse rental options: Multi-unit setup allows for a mix of long-term leases or short-term accommodation, catering to various market demands. Future Growth Potential: • Steady growth in South Townsville: Ongoing infrastructure developments and increasing property values make this an ideal opportunity for capital growth. • Immediate rental income with future appreciation: An excellent balance of current returns and future financial gain.
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Property ID: 145954048