Under Offer 04/04/2024
$1,250,000.00
110 Eyre Street, North Ward QLD 4810
Apartment
1156
Block size: 1012 m² approx.
Set of 5 Units in the heart of NORTH WARD
Rare North Ward set of units, right in the heart of North Ward, are to be sold in one line. This small complex of 5 units is set on 1,012sqm and is as solid as a rock being of block construction and with a roof that has been replaced in the last 7 years (approximately).
Units 1 to 4 each consist of 2 very generous in size bedrooms, large living and dining area, a good sized enclosed front deck, large kitchen, separate bathroom and toilet, and an internal laundry. There is also a private courtyard at the rear and covered individual car park in the front of each unit. Unit 5 features 3 bedrooms (also very generous in size) once again with open plan living, dining, good sized kitchen, separate bathroom and toilet, and an internal laundry. This unit also features a large rear courtyard and covered car parking for 2 cars.
Currently showing a gross return of 5.79% on asking price, we believe these units are well under current market rentals.
The units are all in good condition with an opportunity to further increase returns by upgrading units as they come vacant.
Located at 110 Eyre Street these units are incredibly well positioned in North Ward being within walking distance to The Strand (beach), cafes, bars, restaurants, shopping centre along with some of Townsville's best schools. With the airport and all major amenities only a short drive away. Sets of units in North Ward do not come to market often and these will not last long!
Rates $7,614.75 approx. per half
Insurance: $25,844.65 approx. per annum
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Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.
Please note the furnishings shown in advertising photos are virtual and are NOT the furniture within each unit.
Units 1 to 4 each consist of 2 very generous in size bedrooms, large living and dining area, a good sized enclosed front deck, large kitchen, separate bathroom and toilet, and an internal laundry. There is also a private courtyard at the rear and covered individual car park in the front of each unit. Unit 5 features 3 bedrooms (also very generous in size) once again with open plan living, dining, good sized kitchen, separate bathroom and toilet, and an internal laundry. This unit also features a large rear courtyard and covered car parking for 2 cars.
Currently showing a gross return of 5.79% on asking price, we believe these units are well under current market rentals.
The units are all in good condition with an opportunity to further increase returns by upgrading units as they come vacant.
Located at 110 Eyre Street these units are incredibly well positioned in North Ward being within walking distance to The Strand (beach), cafes, bars, restaurants, shopping centre along with some of Townsville's best schools. With the airport and all major amenities only a short drive away. Sets of units in North Ward do not come to market often and these will not last long!
Rates $7,614.75 approx. per half
Insurance: $25,844.65 approx. per annum
-
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.
Please note the furnishings shown in advertising photos are virtual and are NOT the furniture within each unit.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Glenn Bower to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
11
Bathrooms:
5
Garage Spaces:
6
Property type:
Apartment
Block Size:
1012 m²*
Other Details
Legal description:
187/T1186
Maps and area information
Block information
Block size: 1012m² (approx)
Legal description: 187/T1186
Measurements are estimates only and based on data provided under licence from
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Property history
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SummaryMedian sales
Average Age
40 years
Population
5,073
Listing ID: 182335334. This listing has been viewed 6 times. It was first displayed on 28/02/2024 and last updated on 04/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.