Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
This unique property presents a solid masonry block complex comprising four independent 2-bedroom units set on a substantial 809 sqm parcel of land. The absence of a body corporate and the presence of a single title provide simplicity and efficiency in management, appealing strongly to investors seeking to minimise ongoing fees and administrative complexity.
Each unit offers functional and practical living spaces designed to meet the needs of long-term tenants. Generously proportioned bedrooms and open-plan living areas create comfortable environments conducive to everyday living. The integrated kitchen overlooks the living area, facilitating easy interaction and a consistent flow between spaces, while small internal laundries tucked behind kitchens enhance convenience.
Additional features include a combined bathroom and toilet in each unit and a single undercover carport, providing essential conveniences to residents.
Situated only 5.2 kilometres from Townsville City Centre, the complex benefits from an inner-city location that offers both accessibility and convenience without sacrificing a quieter residential atmosphere.
Rental income from the four units is secure and strong, with leases in place continuing well into 2026 and beyond. The combined weekly rent totals $1,600, translating to an annual gross income of approximately $83,200, indicating a promising return for the astute investor.
- Four independent 2-bedroom units within a masonry block complex
- No body corporate fees due to single title ownership
- Open-plan living enhancing space and flow
- Convenient internal laundries and undercover parking provided
- Established leases providing a secure rental income stream
- Close proximity to Townsville City Centre, enhancing renter appeal
This property presents an opportunity for investors seeking a low-maintenance, well-located multi-unit investment with the benefits of straightforward ownership and steady income. Its design and management situation reduce hassle while promising continuing returns, ideal for an investor focused on stable and effective portfolio growth.
Local Market Insights
In Currajong, Quiet Listings observed 15 new houses entering the market over the last 30 days, down from 21 during the previous 30-day period, with an average advertised asking price of $1,126,867. The property type mix of listed properties is predominantly Units at 41%, followed by houses (35%), and apartments (10%). The most active agency for houses in the Currajong area is currently Ray White, representing 20% of new listings, followed by Keyes & Co Property with 13%. 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 Currajong QLD 4810
Other properties in this postcode
