1012m² of land with a low maintenance duplex in a prime location returning $550 per week, or $28,600 per year. Does it get any better than that?
Welcome to 8 Tully Street, South Townsville 4810.
In addition to the great returns, this large block of land welcomes the investor who has aspirations to further develop the property by virtue of the vacant land attached at the back of the already established duplex. Whether it be storage, a pool, or potentially another income generating rental project; the empty space is primed and ready to go.
The Property: * Semi renovated interiors * Well maintained exteriors * Fully air conditioned with split system and box aircons throughout * Built with low maintenance materials * Large block size * Single title with no body corporate fees * Established tenancies
The Location: Backing up onto the spacious Victoria Park, 8 Tully Street is in a fantastic location in South Townsville, rubbing shoulders with the city. It only a few minutes from the CBD, and is walking distance from restaurants, pubs and clubs with the Queensland Country Bank Stadium just a stone throw away.
An opportunity to purchase an established rental property on such a large block doesn't come along often. Even more so in the sought after suburb of South Townsville.
Contact Dylan on 0447 267 806 for more information.
