Under Offer 16/04/2024
Offers Over $760,000
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52 Brooks Street, Railway Estate QLD 4810

Apartment
735
Block size: 650 m² approx.

EXCEPTIONAL INVESTMENT OPPORTUNITY: TRIPLE-UNIT BLOCK RETURNING $1070 PER WK.

Dive into the heart of Railway Estate with this unique investment offering-a meticulously maintained block of three units, all under one title and free from body corporate fees. This investment gem brings in a robust $1,070 per week, with stable tenancies already in place across all units.

Investment Highlights:
No Body Corporate Fees: Enjoy the simplicity of a single title for all three units.

Steady Income Stream: Currently returning $1,070 weekly with reliable tenants.

Desirable Location: Situated minutes from the Army barracks, University, Hospital, and Fairfield Waters shopping centre, in a serene no-through road for ultimate convenience and tranquillity.

Unit Details:

Unit 1 (2 Bed/1 Bath): Occupied until May 2024. Features include a large private front courtyard, air-conditioned open-plan living, stylish kitchen, two bedrooms, an air-conditioned master bedroom with built-ins , a modern bathroom with bath, internal laundry, security screens, and a covered carport.

Unit 2 (2 Bed/1 Bath): Tenanted until September 2024. Boasts an enclosed front entry, air-conditioned living areas, an upgraded kitchen, two bedrooms with air conditioning and built-ins in the master, a contemporary bathroom, security screens, an internal laundry area, and a front-covered carport.

Unit 3 (3 Bed/1 Bath): Lease extends to September 2024. This unit offers vinyl planking, an open-plan air-conditioned living area leading to a side patio, a practical and stylish kitchen, a master bedroom with extensive built-ins and air conditioning, two additional well-sized bedrooms, a covered carport, and a spacious, private external courtyard.



Property Features:

Comprehensive Upgrades: All units feature trendy kitchens, modern bathrooms, air conditioning, and built-in wardrobes, ensuring a turnkey investment.

Security & Privacy: Equipped with security screens throughout and situated on a generous 650sqm block in a quiet, no-through road.

Convenience & Comfort: Each unit includes covered carports, internal laundries, and private outdoor spaces, with units 1 and 3 boasting large private courtyards.



Location Perks:

Nestled in the thriving suburb of Railway Estate, this property offers the perfect balance of quiet residential living and convenient access to major amenities, making it highly attractive to tenants and ensuring sustained demand.


This is more than an investment; it's a chance to secure a foothold in one of Townsville's most sought-after locales, with immediate income and long-term growth potential. Don't miss out on this exceptional opportunity to expand your portfolio in Railway Estate.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Margaret Hill to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
7
Bathrooms:
3
Garage Spaces:
5
Property type:
Apartment
Block Size:
650 *

Other Details

Lot:
3
Plan Type:
RP
Plan:
718089
Legal description:
3/RP718089
Helen Munro Property

Maps and area information

Block information
Block size: 650 (approx)
Legal description: 3/RP718089
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history

We couldn't find any history for this property.
See Railway Estate's suburb profile

Railway Estate suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
2,871
Listing ID: 182361149. This listing has been viewed 4 times. It was first displayed on 08/03/2024 and last updated on 16/04/2024.
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.