42 Gregory Street, North Ward, Qld 4810

Bedrooms
5
Bathrooms
4
Area
749m2
Type
Block Of Units

Last updated on Saturday, June 15, 2024

Offers over $1,100,000

42 Gregory Street, North Ward, Qld 4810 - More Details

Offers over $1,100,000

Property Details:
Unit 1: 1 bedroom, 1 bathroom (downstairs)
Unit 2: 1 bedroom, 1 bathroom (downstairs)
Unit 3: 3 bedrooms, 2 bathrooms (upstairs)

Property Overview: Rarely does such a prime property become available in Townsville's coveted 'Golden Suburb'. Situated on a generous 749 sqm block, this unit complex presents an exceptional investment opportunity.

Rental Potential: Currently, the three completely renovated units yield a combined rental income of $1,340 per week as long-term rentals. Moreover, there's considerable potential to increase earnings through holiday lets.

Location Highlights: Conveniently located just two blocks from the iconic The Strand and a mere 50 meters from Queens Gardens, this property enjoys proximity to essential amenities such as Coles supermarket and a bustling shopping center. North Ward offers a sought-after beachside lifestyle while being within easy reach of the city, airport, and the Sealink ferry to Magnetic Island.

Development Opportunities: While currently comprising three units, there's ample space for future development, including additional parking facilities and potentially more units within the existing block.

Additionally, the property holds the potential for a future premium unit block development, making it an enticing prospect for investors looking to capitalize on this prime location.

Investment Potential: Situated in an area poised for significant capital growth, this property presents a lucrative investment opportunity that's not to be missed. Being one block from the corner of Warburton Street, possibilities for future commercial/residential development is prime.

Rates & Insurances: Approximately $15,000 per annum.
No body corporates as the property is all on one title.

Don't miss out on this golden opportunity to secure a prime investment in Townsville's most sought-after location.

Contact us today to arrange a viewing and seize the potential of this remarkable property.

Dean Hobson: 0467 778 483
Josie Howard: 0475 703 643
Type
Block Of Units
Bedrooms
5
Bathrooms
4
Area
749m2

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42 Gregory Street North Ward QLD 4810

Property FAQs

What is the current asking price for the 42 Gregory Street, North Ward, Qld 4810?

Belle Property - TOWNSVILLE has not listed a sale price for 42 Gregory Street, North Ward, Qld 4810. Contact the agent for a price guide.

How many bedrooms does the property listed 42 Gregory Street, North Ward, Qld 4810 feature?

42 Gregory Street, North Ward, Qld 4810 is a 5 bedroom Block Of Units.

What are the standout features of the 42 Gregory Street, North Ward, Qld 4810?

Explore all key property features for 42 Gregory Street, North Ward, Qld 4810. Click here to find out more.

What is the total land area and built-up area of the 42 Gregory Street, North Ward, Qld 4810?

The total land area and built-up area of the 42 Gregory Street, North Ward, 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 42 Gregory Street, North Ward, Qld 4810?

There were no car spaces found on the listing for 42 Gregory Street, North Ward, Qld 4810.

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