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1-4/8 Price Street, Belgian Gardens, Qld 4810 For Sale
1-4/8 Price Street, Belgian Gardens, Qld 4810 1-4/8 Price Street, Belgian Gardens, Qld 4810-Floorplan 1-4/8 Price Street, Belgian Gardens, Qld 4810-Floorplan

1-4/8 Price Street, Belgian Gardens, Qld 4810

Bedrooms
7
Bathrooms
4
Parkings
4
Area
809m2
Type
Block Of Units

Published on Thursday, June 13, 2024

Offers Over $739,000

1-4/8 Price Street, Belgian Gardens, Qld 4810 - More Details

Offers Over $739,000

UNIT 4 ONLY - Open for Inspection

Nestled just moments away from the beach and conveniently close to the CBD and the airport, this sturdy four pack promises a savvy investment for smart buyers. Boasting three well-appointed 2-bedroom units and one very large 1 bedroom unit, this property in a prime location offers durability and reliability, ensuring long-term value for investors.

The rental return is as follows:
Unit 1 (one bedroom, 1 bathroom) - $250/week, lease expires 21/10/2024. Appraised amount for future tenancy $280-$320/week.
The following are all two bedrooms, 1 bathroom:
Unit 2 - $260/week, lease expires 12/01/2025. Appraised amount for future tenancy $320-$360/week.
Unit 3 - $290/week, lease expires 13/01/2025. Appraised amount for future tenancy $320-$360/week.
Unit 4 - Currently vacant and ripe for renovation. Appraised amount for future tenancy $320-$360/week.

All four units have a single open air car space on site.

With a little TLC, this four pack of units could be the added gem to your portfolio, or just rent them as they currently are.
Present approximate yield with current tenancies in place including approximate rental amount for unit 4, approx $58,000, a current gross yield of 7.8%.
A little TLC and a potential future yield of approx $70,000, a whopping 9.4% yield.

Townsville City Council Rates approx $6,200/half year

Let's talk about location!

This city fringe opportunity excels when it comes to location, and being situated in a tree lined street of Belgian Gardens, you can be sure that all the best that Townsville has to offer is at your fingertips. The seaside attractions of Rowes Bay, Soroptimist Park, the Strand and Castle Hill are right on the doorstep of your new investment. Plus sought after cafes, the Townsville airport and the CBD are all just moments away - the list is endless when it comes to location convenience.


All information (including but not limited to the property area, floor size, price, address and general property description) on online advertising is provided as a convenience to you, and has been provided to Whaites + Co by third parties.
Type
Block Of Units
Bedrooms
7
Bathrooms
4
Parkings
4
Area
809m2

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1-4/8 Price Street Belgian Gardens QLD 4810

Property FAQs

What is the current asking price for the 1-4/8 Price Street, Belgian Gardens, Qld 4810?

Whaites + Co - TOWNSVILLE CITY has not listed a sale price for 1-4/8 Price Street, Belgian Gardens, Qld 4810. Contact the agent for a price guide.

How many bedrooms does the property listed 1-4/8 Price Street, Belgian Gardens, Qld 4810 feature?

1-4/8 Price Street, Belgian Gardens, Qld 4810 is a 7 bedroom Block Of Units.

What are the standout features of the 1-4/8 Price Street, Belgian Gardens, Qld 4810?

Explore all key property features for 1-4/8 Price Street, Belgian Gardens, Qld 4810. Click here to find out more.

What is the total land area and built-up area of the 1-4/8 Price Street, Belgian Gardens, Qld 4810?

The total land area and built-up area of the 1-4/8 Price Street, Belgian Gardens, Qld 4810 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 1-4/8 Price Street, Belgian Gardens, Qld 4810?

1-4/8 Price Street, Belgian Gardens, Qld 4810 can accommodated 4 vehicles in the parking area.

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    All data and information contained in these FAQs is provided by Real Search as a courtesy only. Real Search does not make any representations or warranties regarding the accuracy and/or completeness of this data and information. Users should check directly with the agent to verify this data and/or information.

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