4/41 Cambridge St, Charters Towers City is a 8 bedroom, 4 bathroom Unit with 8 parking spaces. The property has a land size of 1522m2.
This solid low set block of 4 x 2 bedroom flats is the ideal investment. Properties like this do not come onto the market in Charters Towers very often. The current rental and occupancy rates have remained solid for many years. We have had long term tenants in these properties collectively. This masonry block of flats ticks all the boxes for a low maintenance investment. Simply sit back and collect the rent. Each unit generates a rental return between $195 - $205 per week.* 4 x 2 bedroom, 1 bathroom, internal laundries, 8 carports and a large back yard* This set of flats is built on a large 1522m2 block* Solid block wall construction and well established trees and gardens* Quiet area, close to amenities including Shops, Schools and Sporting Fields* Renovate/refresh further and increase your capital growthThe owners have decided to sell and adjust their property portfolio. Take advantage of this great opportunity. There has never been a better time to buy with interest rates at an all-time low.For more information or to arrange an inspection, please contact our Sales Team at Jensens Real Estate & Livestock.
The size of Charters Towers City is approximately 2.9 square kilometres. It has 5 parks covering nearly 5.9% of total area. The population of Charters Towers City in 2011 was 1,949 people. By 2016 the population was 2,143 showing a population growth of 10.0% in the area during that time. The predominant age group in Charters Towers City is 10-19 years. Households in Charters Towers City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Charters Towers City work in a professional occupation. In 2011, 54.7% of the homes in Charters Towers City were owner-occupied compared with 56.7% in 2016.
Charters Towers City has 1,449 properties. Over the last 5 years, Houses in Charters Towers City have seen a 55.56% increase in median value, while Units have seen a -7.95% decrease. As at 31 July 2024:
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