Flexible and Reliable Inner-City Investment with ~8% Yield!

Situated along Townsville's restaurant strip, this tidy dual key apartment provides the security of a generous rental return of $2163.20 every month thanks to the existing lease in the short term letting pool of the Aligned Corporate Residences. These units are regularly serviced and maintained by hotel management to ensure they kept in top shape at all times. For a reliable set and forget investment, look no further.

Welcome to 4/30-34 Palmer Street.

The One Bedroom Apartment:
- Spacious bedroom with walk in wardrobe and study nook
- Well appointed kitchen with quality appliances
- Split system air-conditioning throughout
- Spacious balcony overlooking the pool
- Open plan design
- Spacious living area
- Modern bathroom including spa bath
- Laundry facilities included bathroom

The Studio Room:
- Spacious open plan design
- Double length built in wardrobe
- Split system air conditioners
- Modern bathroom with walk in shower
- Modest balcony overlooking the pool

The units are sold inclusive of the furniture and appliances within.

The Opportunity:
Thanks to the established lease attached to this lot, the savvy investor purchasing the property can look forward to a guaranteed gross income of $2163.20 per month for a generous annual yield of 8%! There is a commercial lease in place with yearly rental increases, with 3x5 year options ...