49 Punari StreetCurrajong QLD 4812
Property Details for 49 Punari St, Currajong
49 Punari St, Currajong is a 9 bedroom, 4 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 9 bedroom BlockOfUnits sold in Currajong in the last 12 months.
Last Listing description (January 2024)
UNDER CONTRACT By Giovanni Spinella & Jabyn Manning
Ray White Townsville proudly introduces 49 Punari Street, a remarkable investment opportunity nestled centrally in Currajong. This enticing property comprises a set of four units, all tenanted and conveniently on only one title, eliminating the burden of pesky body corporate fees!
Within this impressive set of units, the top unit takes centre stage as a refurnished, three-bedroom residence, complete with one bathroom and a thoughtfully designed layout maximising liveability. The remaining units within the block all feature a practical, two-bedroom, one bathroom configuration, catering to a wide range of tenants needs. These units are well maintained, ensuring a consistent rental income, and minimizing any potential vacancies.
Strategically positioned, this property offers an exceptional location that further amplifies its potential. Within walking distance lies the renowned Otto's Market Precinct, where residents can indulge in the convenience of fresh local produced, gourmet delights, and a vibrant community atmosphere. In addition, the proximity of Domain Central and Castletown Shopping Centre are both less than 5-minutes away, providing an abundance of retail therapy and entertainment options for tenants to enjoy. The Townsville CBD is only 10 minutes away by car, and for the rest of what Townsville has to offer, proximity and access to public transport is plentiful.
Investors will appreciate the allure of this property, as it combines excellent rental yields and the promise of steady, capital growth. With a prime location, a well-maintained block of tenanted units, and the added advantage of being on one title, 49 Punari Street presents an enticing opportunity to secure a valuable asset in the thriving real estate market. Don't miss out on this chance to take advantage of the investment potential that awaits. Contact Giovanni or Jabyn today to find out more and book your private inspection!
*Combined Rental Returns of $1,195.00 Weekly, of $62,140.00 Annually
*Council Rates Inc Water Approximately $11,000 Per Annum
*Units on ONE Title, So No Body Corporate Fees
*3D Virtual Tour for Units 1, 2 & 4 Available Upon Request
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Property History for 49 Punari St, Currajong, QLD 4812
- 24 Jan 2024Sold for $685,000
- 23 Nov 2023Listed for Sale $695,000
- 07 Jun 2023Listed for Rent $300 / week
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0About Currajong 4812
The size of Currajong is approximately 2.1 square kilometres. It has 6 parks covering nearly 10.4% of total area. The population of Currajong in 2011 was 2,628 people. By 2016 the population was 2,545 showing a population decline of 3.2% in the area during that time. The predominant age group in Currajong is 20-29 years. Households in Currajong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Currajong work in a trades occupation. In 2011, 61.2% of the homes in Currajong were owner-occupied compared with 60.9% in 2016.
Currajong has 1,513 properties. Over the last 5 years, Houses in Currajong have seen a 87.93% increase in median value, while Units have seen a 33.42% increase. As at 31 August 2024:
- The median value for Houses in Currajong is $418,681 while the median value for Units is $296,481.
- Houses have a median rent of $445 while Units have a median rent of $320.
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