13 Neelsen Street
Wulguru, QLD 4811

Overview

769 sqm with Guaranteed Returns

Positioned to offer both immediate rental income and long-term investment potential, this classic Queenslander home presents an excellent opportunity for investors and homeowners alike. Located just minutes from essential amenities such as schools, major shopping centers, and parklands, the property benefits from a highly desirable location within the Townsville area.

• The home is a low-set Queenslander situated on a fully fenced 769 square meter block, providing ample outdoor space and privacy, with additional land on either side enhancing the property's value.
• Durable timber vinyl planking has been installed in high-traffic areas, combining practicality with aesthetic appeal.
• High ceilings and full air conditioning throughout the home ensure excellent airflow and comfort, a key feature for tenants in the Townsville climate.
• Both bedrooms are carpeted and equipped with built-in wardrobes and air conditioning; the master bedroom is generously sized, while the second bedroom comfortably fits a queen bed.
• The galley-style kitchen includes a pantry, electric stove, and refrigerator, offering functional cooking and storage space.
• The bathroom features modern tiled walls, a shower over the bathtub, a toilet, and a vanity unit, providing a clean and contemporary finish.
• Security is enhanced with Crimsafe screen doors and security screens, reducing insurance risks and providing peace of mind for occupants.
• Additional features include a rear entertaining area, a lockable laundry, and a carport with space for one vehicle.

The property is currently leased, generating a weekly rental income of $440 until November 20, 2026. Recent rental appraisals suggest potential increases to between $460 and $480 per week. The last rent increase occurred in December 2025, positioning the new owner to benefit from market peaks at the next lease renewal.

Council rates are approximately $4,400 per annum, inclusive of water charges.

This solid home offers a strategic entry point into the growing Townsville market, combining reliable rental returns with the potential for capital growth. It is well suited for investors seeking a low-maintenance property with strong tenant appeal.

Location