38 Mary Street, Charters Towers City, Qld 4820

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

Last updated on Tuesday, September 15, 2026 ( See property details for 38 Mary Street, Charters Towers City, Qld 4820)

$810,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A prime investment opportunity featuring four well-designed units with strong rental demand and excellent returns in Charters Towers City.

🏡 Property Highlights

  • Solid income-producing investment with an approximate 8% return
  • Well-designed block of four units with strong rental appeal
  • Close proximity to town and local amenities
  • Open-plan living with modern features including air-conditioning and ceiling fans
  • Low-maintenance living spaces ideal for tenants
  • Multiple income streams with potential for value enhancement

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Open-Plan Living
  • Dishwasher
  • Internal Laundry
  • Ceiling Fans
  • Garage
  • Two-way Bathroom
  • Tiled Living Areas
  • Box Air-Conditioning

Charters Towers City offers a vibrant community with convenient access to local amenities, schools, and services. The area is known for its strong rental demand and growth potential, making it an ideal location for investors. Residents enjoy a relaxed lifestyle with easy access to shopping, dining, and recreational facilities. The suburb's strategic position ensures excellent connectivity to regional hubs. Its stable property market provides a secure environment for long-term investment growth.

What is the current rental income for each unit?
The property offers an approximate 8% return, indicating strong rental income, with specific figures depending on current lease agreements.
Are there any recent renovations or upgrades?
The units feature modern open-plan layouts, air-conditioning, ceiling fans, and tiled living areas, suggesting recent updates to enhance comfort and appeal.
What are the ongoing maintenance costs?
As a low-maintenance property with tiled living areas and modern fixtures, ongoing costs are expected to be manageable, though specific expenses should be confirmed.
Is there potential for future value growth?
Yes, the property has potential for further value appreciation through upgrades or market growth in Charters Towers.
What are the zoning and planning restrictions?
The property is zoned for multi-unit residential use, with no known restrictions impacting its current configuration.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Have all necessary approvals and permits been obtained for the current use and any recent upgrades? Are there any known defects or issues with the units or the building structure? Is the property located in a flood or bushfire-prone area? Are there any existing easements, covenants, or zoning restrictions affecting the property? What are the strata or body corporate fees and regulations, if applicable? Is there any planned construction or development nearby that could impact the property? Are there any noise or nuisance issues from neighboring properties? What are the terms of the current leases, and when are they due for renewal? Are there any upcoming changes in local council regulations that could affect the property’s value or use?

38 Mary Street, Charters Towers City, Qld 4820 - More Details

Contact agent

What a fantastic opportunity to secure a solid income-producing investment close to town! This block of four well-designed units offers an approximate 8% return and strong rental appeal, making it an excellent addition to any property portfolio.
Each unit features open-plan living, air-conditioning, ceiling fans, tiled living areas, two-way bathrooms, internal laundries, and kitchens with space for a dishwasher. The practical layout provides comfortable, low-maintenance living that tenants love.

Unit 1
- 1 bedroom with built-in wardrobe and box air-conditioning
- Comfortable open-plan living area
- Good-sized kitchen with wall oven, double sink, and space for a dishwasher
- Tiled flooring throughout the living areas
- Ceiling fans
- Air-conditioning in both the living room and bedroom
- Two-way bathroom with shower, vanity, and combined toilet
- Open carport

Units 2, 3 & 4

- 2 bedrooms, the main with built-in wardrobes
- Air-conditioned living spaces with tiled flooring and ceiling fans
- Open-plan living
- Well-sized kitchens with room for a dishwasher
- Two-way bathrooms
- Internal laundrys
- Single garages

With an approximate 8% return and strong rental demand, this property is conveniently located close to town and local amenities, making it highly appealing to tenants.

This is a prime investment opportunity offering multiple income streams, with the potential to further enhance value over time. Properties like this are increasingly sought after by investors looking for strong returns and long-term growth potential.

For more information or to arrange a viewing, please contact the team at Jensens Real Estate & Livestock on (07) 4787 1144.


Disclaimer: This report has been prepared by Jensen's Real Estate & Livestock based on information provided by the property owner and other reliable sources. Every effort has been made to ensure the accuracy of the information presented. While we believe the information to be correct, no representation, warranty, or guarantee (express or implied) is made as to its accuracy or completeness. Jensen's Real Estate & Livestock accepts no liability for any errors or omissions. Prospective purchasers are strongly advised to conduct their independent enquiries, investigations, and research before entering into any agreement or contract.


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

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