48 Primrose Street, Belgian Gardens, Qld 4810

This block of five well-maintained units offers a fantastic opportunity for the astute investor. Located in the highly sought-after suburb of Belgian Gardens, just a short walk from the Townsville Strand and the beach, this property promises steady returns with great potential for growth.

5 units @ $275,000 each = $1,375,000
NO Body Corporate Fees
All five units are fully air-conditioned and feature spacious living areas, modern kitchens, and upgraded appliances. Each unit is currently rented, providing a solid rental income of $1,840.00 per week with the potential for further rent increases, making this an exceptional investment.

Unit Features:

2 bedrooms with built-in robes
Modern kitchens & bathrooms
Upgraded appliances
Fully air-conditioned and tiled throughout
Dedicated carport for each unit

Rental Income:
Unit 1: $350.00 per week (Lease until 20/02/2025)
Unit 2: $380.00 per week (Lease until 29/07/2025)
Unit 3: $380.00 per week (Lease until 21/11/2025)
Unit 4: $350.00 per week (Lease until 20/05/2025)
Unit 5: $380.00 per week (Lease until 29/05/2025)

Property Highlights:
Low-maintenance, 1,012m² block
1 insurance policy covering the entire complex
Close to schools, shops, and public transport
Walking distance to Pallarenda Beach

Rates (6 months):
Discounted: $8,189.80
Due after the due date: $8,333.30

Situated in an established area, this property won't last long. 

                     As they say, "You snooze, you lose!" 
                    Call Doreen Charity at 0414 691 666 

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective vendors, purchasers.