Five flats on 1012m2. Prime Central Location. (Listing ID:238)
Address: 43 HUGH STREET
City: WEST END
Post Code: 4810
Garage Size: 5
Land size (m2): 1012
Full Description: SOLD...More multi tenanted investment properties needed urgently
This extremely desirable property enjoys a prime location in sought after West End close to all facilities, public transport, Castle Hill PYC, the Strand and Townsville's vibrant CBD.
A multi tenanted investment comprised of five sturdy masonry block flats in a row (4 X 2 bedroom and 1 X 1 bedroom) on a huge 1012m2 block returning approximately $970 per week. Situated in a quiet street with significant new residential developments/subdivisions happening in the immediate vicinity, it ticks all the right boxes for any astute investor.
Each flat has air conditioning, carpeted bedrooms, spacious bathroom, tiled open plan living area, modern kitchen, laundry facilities, and under cover car accommodation for one vehicle. The complex is neat, tidy and quiet.
No Body Corporates and associated fees to worry about as these flats are on one title keeping outgoings to a minimum although strata title may be an option for the new owner subject to council approval.
With it's healthy returns and prime central location close to the CBD, the asking price represents extremely good value in the current market. There has never been a better time to invest in West End than right now.
Please phone the exclusive Agent any time to enquire about this exceptional listing. With properties such as this few and far between it is sure to be snapped up quickly.