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Sold on 27 Dec 2024 - Price Unavailable

165/1B Sporting Drive
Thuringowa Central QLD 4817

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 79m2
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Property Details for 165/1b Sporting Dr, Thuringowa Central

165/1b Sporting Dr, Thuringowa Central is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 79m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Thuringowa Central in the last 12 months.

Building Type
Unit
Land Size
79m2

Last Listing description (December 2024)

Discover a lucrative investment with this two-bedroom riverside unit, perfectly set up and managed as a high-performing holiday rental.
Offering a steady stream of income with minimal effort, this property is a fantastic addition for investors looking to capitalize on the thriving short-stay market.

Investment Highlights:

• Turnkey Holiday Rental: Professionally managed and operated as a holiday rental, providing hassle-free income. The established management ensures everything runs smoothly, from bookings to guest services, maximizing your returns.
• Consistent Income Stream: With a strong track record of bookings, this unit generates reliable revenue year-round, thanks to its desirable location and appealing amenities. Ideal for investors seeking a passive income source.
• Riverside Location: Situated along the river, the unit offers stunning views and a peaceful atmosphere that attract guests looking for a tranquil getaway. Its proximity to local attractions, parks, shops, and dining adds to its rental appeal.
• Spacious & Modern Layout: Featuring two generous bedrooms, open-plan living, and a large balcony, this unit comfortably accommodates short-term guests. The fully equipped kitchen, contemporary bathrooms, and internal laundry add to its appeal as a self-contained holiday retreat.
• Low Maintenance, High Returns: With the property management handling day-to-day operations, you can enjoy steady cash flow without the usual landlord headaches.

23-24 Financial year breakdown
Income - $40,000
Holiday Rental Expenses - $20,000 (including all repairs, linen, cleaning etc)
Council Rates - $3,391.12 PA (including water)
Levi / Body Corp - Approx. $5,200 PA

Why Invest Here?
This property offers an attractive combination of strong income potential and minimal hands-on management. Its established reputation as a holiday rental, prime riverside location, and modern amenities ensure high occupancy rates and excellent returns on investment. Perfect for those seeking a passive income stream or diversifying their investment portfolio.

Please note - The floor plan online is only to be used as a guide on the layout and may not be accurate to the exact measurements within the property.

Property History for 165/1b Sporting Dr, Thuringowa Central, QLD 4817

A timeline of how this property has performed in the market
Last Sold
27 Dec 2024
  • 11 Dec 2024
    Sold for $315,000
  • 23 Oct 2024
    Listed for Sale $299,000
  • 22 May 2012
    Sold for $400,000

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About Thuringowa Central 4817

The size of Thuringowa Central is approximately 1.9 square kilometres. It has 4 parks covering nearly 18.1% of total area. The population of Thuringowa Central in 2011 was 2,013 people. By 2016 the population was 2,042 showing a population growth of 1.4% in the area during that time. The predominant age group in Thuringowa Central is 10-19 years. Households in Thuringowa Central are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thuringowa Central work in a trades occupation. In 2011, 63.2% of the homes in Thuringowa Central were owner-occupied compared with 66.6% in 2016.

Thuringowa Central has 911 properties. Over the last 5 years, Houses in Thuringowa Central have seen a 96.95% increase in median value, while Units have seen a 53.72% increase. As at 31 January 2025:

  • The median value for Houses in Thuringowa Central is $541,991 while the median value for Units is $386,430.
  • Houses have a median rent of $490 while Units have a median rent of $478.
There are currently 3 properties listed for sale, and 6 properties listed for rent in Thuringowa central on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Thuringowa central.

Suburb Insights for Thuringowa Central 4817

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Jake Austin
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Ray White Townsville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.