SOLD By Martin McDonough

This five unit complex is situated in what is arguably one of Townsville's best suburbs and only 6 mins from the city. This is a prime investment opportunity for the atsute investor seeking a stress-free rental.

Located walking distance from Castletown Shoppingworld, The Lakes and other great local convenience.
This quiet and tidy unit complex is also situated closely to Hermit Park State School, St Margaret Marys Catholic College and a number of childcare facilities.
With the Townsville Airport only 8 minutes away, the popular Strand beach front 10 minutes away and being only 14 minutes away from employment hubs along the Ring Road such as Townsville Hospital and Lavarack Barracks, this is the perfect property for a savvy investor.

The unit complex comprises of five units, each featuring two bedrooms to one bathroom. Each unit is a little different from each other, with some living spaces tiled while others are carpeted. Unit 5 is the hidden gem as it features stunning timber floors throughout the home.

Units 1, 2 and 3 have recently been renovated with new kitchens, freshly painted interiors and two of these units are already tenanted until June 2020 for $220.00 per week each.

Unit 1 is currently vacant, perfect for a local investor to move into while receiving immediate income for the 4 other units.

Units 4 and 5 are currently rented achieving $210.00 and $240.00 per week respectively.

• The quiet complex features 5 x two bedroom units on one title
• 809sqm block
• Units 1 to 4 are allocated one carport per unit plus storeroom access
• Unit 5 features a two-bay garage with automatic panel lift door
• Estimated return on each unit ranges from $230.00 to $240.00 per week
• 3 renovated units ready to achieve higher rental returns
• Situated in the heart of Pimlico
• 6 minutes from Townsville City
• 8 minutes from Townsville Airport
• 10 minutes from The Strand
• 14 minutes from the Townsville Hospital and The Ring Road
• Make immediate income on tenanted units 4 and 5
• Open plan living areas, functional kitchen and built in robes
• NBN connected
• No Body Corporate attached to the unit complex
• Located close to the new Stadium currently under construction