FOR SALE
OFFERS OVER $1,000,000

22 Soule Street
Hermit Park QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 809m2
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GREAT INVESTMENT OPPORTUNITY WITH SOLID RETURNS

22 Soule Street, Hermit Park, presents a rare opportunity for investors seeking solid returns in a prime location. This two-storey, four-unit complex, on one Title with no Body Corporate fees, offers stable rental income with fixed leases in place, making it an ideal investment choice. The property's central position provides easy access to essential amenities, enhancing its appeal to tenants.
Set on a 809m2 corner allotment, this complex has been updated internally over time while retaining charming Queenslander features, such as timber louvres and casement windows, which add character and street appeal. Unique in design this property offers outdoor spaces for all units. The top floor units feature a tiled outdoor area, and the ground floor units feature a large covered outdoor area with sizeable courtyard.
This well-maintained property offers a perfect balance of location, solid rental returns, and timeless appeal, making it a smart addition to any investment portfolio.
Property Features:
No Body Corporate Fees
Council Rates: $4,967 per half year
Current Annual Rental Return: $77,480
Current Rental Appraisals:
•Unit 1 $410 - $430 per week
•Unit 2 $410 - $430 per week
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Property Details for 22 Soule St, Hermit Park

22 Soule St, Hermit Park is a 8 bedroom, 4 bathroom BlockOfUnits. The property has a land size of 809m2. The place is currently for sale with Harcourts Kingsberry Townsville.

Building Type
BlockOfUnits
Land Size
809m2

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About Hermit Park 4812

The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% of total area. The population of Hermit Park in 2011 was 3,520 people. By 2016 the population was 3,423 showing a population decline of 2.8% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation. In 2011, 48.1% of the homes in Hermit Park were owner-occupied compared with 47% in 2016.

Hermit Park has 2,073 properties. Over the last 5 years, Houses in Hermit Park have seen a 93.34% increase in median value, while Units have seen a 114.56% increase. As at 30 November 2024:

  • The median value for Houses in Hermit Park is $553,959 while the median value for Units is $321,368.
  • Houses have a median rent of $420 while Units have a median rent of $370.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Hermit park.

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Sibby Di Bartolo
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Harcourts Kingsberry Townsville
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