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Lot 193 Bayside, Townsville

Townsville

Queensland

Available

$758,000

Dual-Occupancy

A dual-occupancy property is a residential building with two separate living units under one title. Each unit has its own entrance, kitchen, bathroom, and living spaces.

This setup offers several benefits from an investment property perspective, including increased rental income potential and the ability to diversify your tenant base while still sharing the same property. It's a flexible and cost-effective investment option for those looking to maximize their returns.

3+2

2+2

1+1

Property Description

This investment property, featuring a 3-bedroom, 2-bathroom home alongside a 2-bedroom, 1-bathroom dwelling, sits on a rare 612sqm corner block in desirable Bayside, Townsville. Offering all modern conveniences, it's just 15 minutes from the beach. This gem combines versatility and a prime location for a smart investment choice.

Property Details

Property Type

Dual-Occupancy

House area:

Build price:

220 sqm

Land area:

Land price:

$530,100

612m

$227,900

Estimated rental return:

Estimated Yield:

$700 - $725

per week

4.82% - 4.97%

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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