Rare Investment Opportunity: Full Block of Units in Prime Location

Discover a rare and exceptional investment opportunity with this full block of units, perfectly positioned in a sought-after central location. The property at 43 Roberts Street, Hermit Park, comprises four tastefully renovated 2-bedroom, 1-bathroom units, each offering modern amenities and impressive rental returns.

Every unit has been thoughtfully modernized with a stylish kitchen featuring gas cooking, ample bench space, and plenty of storage. The units provide spacious living with two generous bedrooms, a large bathroom/laundry, and an open-plan living and dining area. Additional features include a small front verandah, private backyard, and the convenience of a single garage for each unit.

The property's prime location offers easy access to the CBD, James Cook University, Lavarack Barracks, and Townsville General Hospital. Residents will also appreciate the proximity to public transport, local parks, and the nearby Woolworths, all within walking distance.

This secure and lucrative investment is currently generating an annual rental return of over $67,000, with each unit leased to excellent tenants. The leases are secure, with varying end dates from November 2024 to August 2025, ensuring stable income for the foreseeable future.

The current owner has also undertaken the process to Strata Title the units but not activate a body corporate, meaning the units offer fantastic potential for the ...