168/1B Sporting Drive, Thuringowa Central QLD 4817

This top floor one-bedroom apartment offers an exceptional investment opportunity with a net return exceeding 6%. It is ideal for investors seeking a low-maintenance property or absentee owners looking for a reliable income stream.

Located within the established Itara Jacana complex, the apartment boasts elevated views of the Ross River and the surrounding mountain ranges, providing a serene and picturesque setting. The complex has been professionally managed for over 13 years, maintaining a strong reputation and consistent demand through short-term accommodation bookings.

Security and convenience are paramount in this complex, featuring secure basement parking, private lockable storage, controlled security access, and lift access throughout the building. The location is highly sought after, situated directly opposite one of Townsville's largest shopping centres and within walking distance to multiple amenities including two hotels, nine restaurants, Readings Cinema, and Kingpin bowling. This makes it a prime lifestyle and convenience destination that attracts both business and leisure travellers.

This property stands out as a high-performing investment, comparing favorably against traditional house investments in the current market. It offers a hassle-free ownership experience with strong income potential and excellent tenant appeal.

Key features include:

• Over 6% absolute net return
• Top floor position with scenic river and mountain views
• Secure basement parking and private storage facilities
• Lift access and high-security complex
• Proven short-term accommodation income
• Professionally managed complex with long-standing management
• Prime location opposite a major shopping centre
• Close proximity to restaurants, hotels, and entertainment venues
• Low maintenance investment opportunity

For further details, interested parties are encouraged to submit an enquiry to receive comprehensive information including current rates and rental appraisals.