18 Berrigan Ave, Annandale is a 1 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 621m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Looking for an investment that can show nearly 10% return. Some share houses in Townsville have the capacity to achieve that return.
Here in Annandale, close to James Cook University and Townsville Hospital is a substantial brick home with 7 bedrooms, 3 with ensuite bathrooms, a main bathroom with separate toilet and a massive lounge and dining area.
The 5Kw solar power enhances the profits too. The low maintenance block of land with front and side access is ideal for this type of rental. This property has been operating as a share house for over 15 years and has proven to be very lucrative.
Currently being managed by an Agent but could be owner operated if you like.
Please call or email for more details and an inspection.
The size of Annandale is approximately 6.8 square kilometres. It has 13 parks covering nearly 27.9% of total area. The population of Annandale in 2011 was 8,972 people. By 2016 the population was 8,570 showing a population decline of 4.5% in the area during that time. The predominant age group in Annandale is 10-19 years. Households in Annandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 71% of the homes in Annandale were owner-occupied compared with 71.4% in 2016.
Annandale has 3,123 properties. Over the last 5 years, Houses in Annandale have seen a 63.88% increase in median value, while Units have seen a 45.90% increase. As at 31 October 2024:
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