23/159-163 Riverside Bvd, Douglas is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 87m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Douglas in the last 12 months.
Sit back and enjoy the picturesque views over the Ross River in the sought after suburb of Douglas. Peace of mind knowing that Douglas was the only riverside suburb not to be affected by flooding, this apartment offers a seamless blend of indoor and outdoor living with the serenity of the surrounding bush land. Close to local shopping centres, Townsville Hospital, James Cook University and Lavarack Barracks.
Currently leased for $480pw, the property comes furnished and self-contained, allowing you to continue to generate the high rental return moving forward. For the avid investor we have a full Depreciation Schedule available which was completed in January 2024.
? Modern kitchen with tiled splash back, pantry abundant bench and cupboard space forms the focal point of the property.
The size of Douglas is approximately 8.8 square kilometres. It has 24 parks covering nearly 13.2% of total area. The population of Douglas in 2011 was 7,184 people. By 2016 the population was 7,746 showing a population growth of 7.8% in the area during that time. The predominant age group in Douglas is 20-29 years. Households in Douglas are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Douglas work in a professional occupation. In 2011, 46.3% of the homes in Douglas were owner-occupied compared with 45.3% in 2016.
Douglas has 2,845 properties. Over the last 5 years, Houses in Douglas have seen a 64.04% increase in median value, while Units have seen a 27.24% increase. As at 31 October 2024:
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