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Overview
Situated in a tranquil cul-de-sac within the highly sought-after suburb of Annandale, this property offers an ideal investment prospect with immediate rental income and promising growth potential.
- Currently leased out with a fixed tenancy agreement until July 2027, providing secure income of $620 per week with market potential to increase.
- The home is designed to embrace the North Queensland lifestyle, featuring a sparkling in-ground pool and multiple covered areas for outdoor entertaining that create a private retreat for relaxation and social gatherings.
- The established, low-maintenance gardens include fruit trees and are supported by an automatic irrigation system, ensuring flourishing greenery effortlessly.
- Inside, four generous bedrooms all include built-in wardrobes, accompanied by a well-appointed bathroom and air conditioning throughout for comfort.
- Solar power installation enhances energy efficiency and reduces ongoing costs.
- The property also includes a secure, remote-controlled lock-up garage and additional storage enhancing functionality.
- Its prime location offers close proximity to key amenities such as quality schools, shopping options, James Cook University, Townsville Hospital, and Lavarack Barracks, enhancing convenience for tenants or future occupants.
This property is most suited for investors looking for a strong, long-term rental with growth potential in a high-demand area, providing both immediate returns and future upside.
Local Market Insights
In Annandale, Quiet Listings observed 49 new houses entering the market over the last 30 days, up from 44 during the previous 30-day period, with an average advertised asking price of $749,714. The property type mix of listed properties is predominantly Houses at 89%, followed by units (4%), and townhouses (4%). The most active agency for houses in the Annandale area is currently Ray White, representing 20% of new listings, followed by Bright Property with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Annandale QLD 4814
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