42A Henry Street, West End, Qld 4810

Located in West End - Townsville's Growth Hotspot!

Rental Income of $2210 per week!

Free Hold Positive cash flow high yield properties with 100% occupancy are highly sought-after. Don't miss this rare opportunity in the rapidly developing Townsville, a city experiencing exceptional economic growth.

Townsville's Economic Powerhouse:

Townsville, North Queensland's dynamic hub, presents a robust and diversified economy, anchored in healthcare, education, government, and tourism, offering stability and significant growth potential. The city experienced an impressive 26% average capital growth in 2024, fueled by sustained population influx and exceptionally low vacancy rate. The growth trajectory is reinforced by a substantial pipeline of infrastructure projects, including: the $5 billion Copper String Project terminus, a $530 million Hospital expansion and a significant defense personnel expansion, bringing at least 900 more soldiers and their families to the region. These strategic investments position Townsville for continued economic expansion and attractive investment opportunities.

Suburb Overview:

West End, adjacent to the CBD, offers unparalleled access to key Townsville destinations, including The Strand, Castle Hill, Magnetic Island, and the airport. The ongoing construction of a new hospital in West End, coupled with the presence of major hospitals, James Cook University, and Lavarack Barracks within a 10km radius, underscores the area's strong and growing demand for accommodation.

Location Highlights:

•	Centrally located in West End, Townsville
•	Close proximity to public transport and local amenities
•	Within 2km of Castletown Shopping Centre
•	Within 4km to Townsville’s CBD

Property Overview:

•	This brand-new, turn-key, council approved property sits on a generous lot in a private location
•	Land Size: 611m2
•	5 bedrooms, 5 bathrooms, 5 kitchenettes, 4 private courtyards, 5 on-site car parks
•	Communal laundry and kitchen
•	Fully leased to employed professionals
•	13kW solar system 
•	Solid Block wall construction and Colorbond Roof 

Rental Income:

•	Current Gross Weekly Income: $2210pw
•	Fully insured, certified, and leased
•	Maximum tax depreciation due to brand new construction

Property inclusions:

•	Touchscreen electronic key card locks on all doors 
•	Air conditioners to all rooms
•	Fully furnished throughout included in the purchase price such as 5 fridges & microwaves, 2 washing machines, queen beds, desks and large TVs in all bedrooms
•	Stone benchtops and high-end fixtures and finishes
•	Security screens to all windows
•	Fully fenced with low-maintenance landscaped garden
•	Extensive concrete pathways and driveway/carpark

Investment Highlights:

•	Robust Townsville economy with strong growth potential
•	Significant infrastructure projects driving future demand
•	High demand location with low rental vacancy rates
•	Turn-key, fully leased asset with immediate income
•	Strong potential for capital growth.

Don’t miss this opportunity to secure an outstanding, high income investment opportunity in one of Townsville's most desirable locations!