Sold
Last Asking Price - $632,450
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49 Punari Street, Currajong QLD 4812

Apartment
945
Block size: 808 m² approx.

Unique Investment Opportunity With NO Body Corporate Fees!

SOLD By Giovanni Spinella & Jabyn Manning

Ray White Townsville proudly introduces 49 Punari Street, a remarkable investment opportunity nestled centrally in Currajong. This enticing property comprises a set of four units, all tenanted and conveniently on only one title, eliminating the burden of pesky body corporate fees!

Within this impressive set of units, the top unit takes centre stage as a refurnished, three-bedroom residence, complete with one bathroom and a thoughtfully designed layout maximising liveability. The remaining units within the block all feature a practical, two-bedroom, one bathroom configuration, catering to a wide range of tenants needs. These units are well maintained, ensuring a consistent rental income, and minimizing any potential vacancies.

Strategically positioned, this property offers an exceptional location that further amplifies its potential. Within walking distance lies the renowned Otto's Market Precinct, where residents can indulge in the convenience of fresh local produced, gourmet delights, and a vibrant community atmosphere. In addition, the proximity of Domain Central and Castletown Shopping Centre are both less than 5-minutes away, providing an abundance of retail therapy and entertainment options for tenants to enjoy. The Townsville CBD is only 10 minutes away by car, and for the rest of what Townsville has to offer, proximity and access to public transport is plentiful.

Investors will appreciate the allure of this property, as it combines excellent rental yields and the promise of steady, capital growth. With a prime location, a well-maintained block of tenanted units, and the added advantage of being on one title, 49 Punari Street presents an enticing opportunity to secure a valuable asset in the thriving real estate market. Don't miss out on this chance to take advantage of the investment potential that awaits. Contact Giovanni or Jabyn today to find out more and book your private inspection!

*Combined Rental Returns of $1,195.00 Weekly, of $62,140.00 Annually

*Council Rates Inc Water Approximately $11,000 Per Annum

*Units on ONE Title, So No Body Corporate Fees

*3D Virtual Tour for Units 1, 2 & 4 Available Upon Request

*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.

Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Features include: Internal Laundry

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Bedrooms:
9
Bathrooms:
4
Garage Spaces:
5
Property type:
Apartment
Block Size:
808 *

Other Details

Lot:
14
Plan Type:
RP
Plan:
724573
Legal description:
14/RP724573
Ray White Townsville

Maps and area information

Block information
Block size: 808 (approx)
Legal description: 14/RP724573
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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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.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
19 Mar 2024
Sold
Ray White Townsville
Listed: 23/11/2023
Block size: 809m²
Transfer type: Full transfer

Currajong suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
2,490
Listing ID: 182115880. This listing has been viewed 9 times. It was first displayed on 23/11/2023 and last updated on 19/03/2024.
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.