3 Planet Place, Aitkenvale, Qld 4814

Offers Over $899,000

Block Of Units
Type
5
Bedrooms
3
Bathrooms
2
Parkings

Published on Wednesday, March 11, 2026 ( See property details for 3 Planet Place, Aitkenvale, Qld 4814)

Offers Over $899,000

Jess Whaites Director | Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare dual-occupancy investment opportunity in Aitkenvale offering strong rental income, modern updates, and future growth potential.

🏡 Property Highlights

  • Dual-occupancy property with two separately tenanted units generating strong income
  • Current gross yield of approximately 6.36% with potential to increase to 6.7%
  • Fully leased with fixed-term leases until November, offering a set-and-forget investment
  • Recently updated main residence with modern kitchen and spacious living areas
  • Independent front-door access for Unit 1 providing tenant privacy and autonomy
  • Pre-market building and pest report available, with roof replacement cost fully factored into price

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Garage / Secure Parking
  • Pet-Friendly

Aitkenvale is a vibrant, well-established suburb in Townsville, renowned for its strong tenant demand and central location. Key features include proximity to Townsville CBD, major shopping centres, schools, medical facilities, and public transport. The area offers excellent rental stability, low vacancy rates, and a family-friendly environment, making it an ideal choice for property investors seeking reliable income and growth opportunities.

What is the current rental income and lease status?
The property is currently leased with two fixed-term leases until November, generating a combined rental income of $1,100 per week.
What are the future growth prospects for this property?
With potential to increase the yield to approximately 6.7% at a higher rent, and the property being well-maintained, there is strong potential for capital growth.
Are there any recent updates or renovations?
Yes, the main residence has been tastefully updated throughout, including modern kitchen features and fresh flooring.
Is there any additional information available about the property's condition?
A pre-market building and pest report has been completed, indicating the roof requires replacement, with a quote of approximately $57,000, which has been factored into the price.
What amenities and facilities are nearby?
The property is close to Townsville CBD, shopping centres, schools, medical precincts, and public transport, ensuring convenience and accessibility.
Are there any upcoming planning or development activities in the area that could affect the property? Has the roof replacement cost been fully accounted for in the current price, and are there any other major repairs anticipated? Are there any strata or body corporate fees applicable to this property? Is the property located in a flood or bushfire-prone zone? Are there any restrictions or easements on the title that could impact future renovations or extensions?

3 Planet Place, Aitkenvale, Qld 4814 - More Details

Offers Over $899,000

Type
Block Of Units
Bedrooms
5
Bathrooms
3
Parkings
2

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