OFF MARKET

191 Ross River Road
Aitkenvale QLD 4814

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 66m2
Land area: 817m2
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Property Details for 191 Ross River Rd, Aitkenvale

191 Ross River Rd, Aitkenvale is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 817m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1975
Floor Size
66m2
Land Size
817m2
Local Government
Townsville City
Lot/Plan
7/RP725936

Last Listing description (January 2021)

Presenting a unique and worthy investment opportunity!
Situated smack in the centre of Townsville, close to all amenities including major Shopping Centres, a variety of Schools, Bus-Stops. the Airport, Hospital, University, Ring Road, you name it - And only a 10 minute drive to the Strand!

This Duplex is one of a kind and situated on an 817m2 fully fenced corner block which could potentially offer the lucky purchaser further revenue by allowing for advertising on the fence for local businesses. Both duplexs have their own fully fenced separate yard which is surprisingly larger than most houses offer in residential areas. Both have large undercover outdoor areas and garden sheds as well.

The current owners have done some extensive renovations turning one of the units into a 3 bedroom dwelling with updates from floor to ceiling. The second unit could be left as is (currently achieving $240 p/w rent) OR the new owner can update and increase the income further!

Both units have secure tenants in place until May 2020, and together achieve a weekly income of $540.00.

Unit 1
- Secure Tenant lease in place achieving $300 per week
-Has been completely renovated from top to bottom with brand new kitchen, tiles, carpet, bathroom, and so on.
-3 Bedrooms and 1 Bathroom (the original garage has been turned into the 3rd bedroom)
-Open plan living and dining, tiled and of good size
-Split system air conditioning and timber blinds throughout
-Great sized U' shaped kitchen with electric cooktop, built in stainless oven, large pantry and fridge space and finished with clean white cabinetry and modern charcoal laminate benchtops
-Bathroom has separate toilet and built in wall to wall shower

Unit 2.
-Secure Tenant lease in place until achieving $240 per week
-Unit 2 has had a very long-term lease in place and therefore has not yet been renovated offering the original layout with 2 bedrooms and 1 bathroom.
-vinyl wood look floors to kitchen and living and carpet to the bedrooms
-Security screens and air conditioning throughout
-New freestanding oven
-Has single lock up garage which goes through to the back yard and is accessible from the back door, great for extra entertaining or future renovations like the unit next door as there is plenty of off street parking within the fenced perimeter with enough parking for minimum 2 vehicles per unit
-This unit is perfectly livable and obviously rentable, however its at a time where some updates could be done to achieve a higher rental income, and give the purchaser the privilege to make changes how they would like.

Please contact Sinead to discuss further details or to arrange an inspection on 0457255083

Property History for 191 Ross River Rd, Aitkenvale, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$315,000
29 Oct 2020
  • 29 Oct 2020
    Sold for $315,000
  • 11 Sep 2019
    Listed for Sale $409,000
  • 30 Apr 2019
    Listed for Rent $300 / week
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About Aitkenvale 4814

The size of Aitkenvale is approximately 3.3 square kilometres. It has 8 parks covering nearly 15.5% of total area. The population of Aitkenvale in 2011 was 4,909 people. By 2016 the population was 4,800 showing a population decline of 2.2% in the area during that time. The predominant age group in Aitkenvale is 20-29 years. Households in Aitkenvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aitkenvale work in a professional occupation. In 2011, 52.8% of the homes in Aitkenvale were owner-occupied compared with 51.8% in 2016.

Aitkenvale has 2,516 properties. Over the last 5 years, Houses in Aitkenvale have seen a 70.86% increase in median value, while Units have seen a 67.04% increase. As at 31 August 2024:

  • The median value for Houses in Aitkenvale is $420,107 while the median value for Units is $309,994.
  • Houses have a median rent of $445 while Units have a median rent of $350.
There are currently 10 properties listed for sale, and 21 properties listed for rent in Aitkenvale on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Aitkenvale.

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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.