FOR SALE
$625,000

3 Angela Court
Cranbrook QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 842m2
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Amazing Investment Opportunity- Furnished Duplex- Renting at $800pw

Discover the perfect investment opportunity nestled in leafy streets just a short walk the tranquil Ross River.
This property boasts dual units under one title, each unit has 2 bedrooms, 1 bath and open plan living space. Currently achieving an impressive rental income of $800 per week with no Body Corporate fee's - an investor's dream.
The interior of each unit showcases a modern open-plan design with timber floating floors and a fresh colour theme, creating a welcoming ambiance throughout. Two generously-sized bedrooms offer comfort and convenience with wardrobes, complemented by full air conditioning and ceiling fans. A well-maintained bathroom ensures practicality, while indoor and outdoor laundry facilities cater to everyday needs. Both properties are also furnished.
Outside, the property features a private backyard and ample parking with individual carports, complete with convenient side access. Situated mere moments from Townsville University Hospital and James Cook University, the location is ideal for attracting tenants seeking proximity to educational and healthcare facilities.
If you're seeking a lucrative investment in a prime location with strong rental yields and modern comforts, look no further than this charming property.

Property Details for 3 Angela Ct, Cranbrook

3 Angela Ct, Cranbrook is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 842m2. The place is currently for sale with Page & Pearce Real Estate.

Building Type
DuplexSemi-detached
Land Size
842m2

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About Cranbrook 4814

The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Cranbrook in 2011 was 6,146 people. By 2016 the population was 5,926 showing a population decline of 3.6% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation. In 2011, 67% of the homes in Cranbrook were owner-occupied compared with 65.1% in 2016.

Cranbrook has 2,697 properties. Over the last 5 years, Houses in Cranbrook have seen a 86.32% increase in median value, while Units have seen a 32.12% increase. As at 31 July 2024:

  • The median value for Houses in Cranbrook is $418,230 while the median value for Units is $234,629.
  • Houses have a median rent of $470 while Units have a median rent of $320.
There are currently 16 properties listed for sale, and 6 properties listed for rent in Cranbrook on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Cranbrook.

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