1/6 Albert St, Cranbrook is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 76m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Cranbrook in the last 12 months.
This property is an excellent choice for those new to the market or investors seeking to diversify their portfolios with a more compact asset. Featuring a robust, low-maintenance construction and low body corporate fees, it promises to be a reliable and long-term investment.
Welcome to 1/6 Albert Street, Cranbrook.
The Property:
The Opportunity:
The savvy investor purchasing this property will immediately reap the rewards of their investment thanks to the established tenancy through to 28/07/2025 providing $330 per week of rental income.
Body Corporate Fees - $2054.17 p/a Including Insurance
The Location:
Centrally located in the sought-after Cranbrook. This property is conveniently located to everything.
- 2 Minute walk to Ignatius Park College
- 5 Minute walk to Stockland's Shopping Centre
- 9 Minute walk to the Willows Shopping Centre
- 3 Minutes to Townsville University Hospital
The Townsville market is still moving along quickly, and affordable investments such as these do not hang around long.
Reach out to Dylan on 0459 641 033 for more information!
Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. First National Townsville bears no liability for any loss sustained due to inaccuracy or omission.
The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Cranbrook in 2011 was 6,146 people. By 2016 the population was 5,926 showing a population decline of 3.6% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation. In 2011, 67% of the homes in Cranbrook were owner-occupied compared with 65.1% in 2016.
Cranbrook has 2,697 properties. Over the last 5 years, Houses in Cranbrook have seen a 84.97% increase in median value, while Units have seen a 29.16% increase. As at 31 August 2024:
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