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Lot 182 Bayside, Townsville

Townsville

Queensland

Hold

$632,900

Co-Living

Co-living properties (often configured as 3 bedroom, 3 bathroom or 4 bedroom, 4 bathroom) feature shared living spaces and private bedrooms, offering high rental yields, lower vacancies, reduced management overhead, and diversified income. They attract young professionals and students, providing a resilient investment opportunity with adaptability to various markets and locations.

4

4

2

Property Description

Discover a lucrative investment opportunity with this spacious 4-bedroom, 4-bathroom open-plan property in Townsville. Not only is it a comfortable family home, but it also offers significant investment potential with the shared living option with all bedrooms have their own on -suite to rent out individually. The prime location and modern design make it appealing to renters, ensuring a steady rental income. Don't miss this chance to grow your investment portfolio in a thriving Townsville market.

Property Details

Property Type

Co-Living

House area:

Build price:

188 sqm

Land area:

Land price:

$413,000

592 sqm

$219,900

Estimated rental return:

Estimated Yield:

$800 - $850

per week

6.57% - 6.98%

per annum

Floorplan:

Location Overview

Townsville presents compelling investment opportunities with its growing economy and strategic location. Industries like mining, agriculture, and defense contribute to its resilience. Infrastructure projects, including the Port Expansion and Stadium, boost growth. Property investments thrive due to increasing demand. The city's potential as a logistics hub adds further investment allure.

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