OFF MARKET

43 Roberts Street
Hermit Park QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 280m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 43 Roberts St, Hermit Park

43 Roberts St, Hermit Park is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 280m2.

Building Type
Unit
Land Size
280m2
Local Government
Townsville City
Lot/Plan
1/SP175120

Last Listing description (October 2024)

Discover a rare and exceptional investment opportunity with this full block of units, perfectly positioned in a sought-after central location. The property at 43 Roberts Street, Hermit Park, comprises four tastefully renovated 2-bedroom, 1-bathroom units, each offering modern amenities and impressive rental returns.

Every unit has been thoughtfully modernized with a stylish kitchen featuring gas cooking, ample bench space, and plenty of storage. The units provide spacious living with two generous bedrooms, a large bathroom/laundry, and an open-plan living and dining area. Additional features include a small front verandah, private backyard, and the convenience of a single garage for each unit.

The property's prime location offers easy access to the CBD, James Cook University, Lavarack Barracks, and Townsville General Hospital. Residents will also appreciate the proximity to public transport, local parks, and the nearby Woolworths, all within walking distance.

This secure and lucrative investment is currently generating an annual rental return of over $67,000, with each unit leased to excellent tenants. The leases are secure, with varying end dates from November 2024 to August 2025, ensuring stable income for the foreseeable future.

The current owner has also undertaken the process to Strata Title the units but not activate a body corporate, meaning the units offer fantastic potential for the savvy investor, without the added cost of body corporate fees.

Seize this rare opportunity to invest in a high-demand area with outstanding returns. 43 Roberts Street, Hermit Park, is a standout addition to any property portfolio.

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.

Property History for 43 Roberts St, Hermit Park, QLD 4812

A timeline of how this property has performed in the market
  • 16 Aug 2024
    Listed for Sale Low $900,000s

Commute Calculator

About Hermit Park 4812

The size of Hermit Park is approximately 2.2 square kilometres. It has 5 parks covering nearly 26.4% of total area. The population of Hermit Park in 2011 was 3,520 people. By 2016 the population was 3,423 showing a population decline of 2.8% in the area during that time. The predominant age group in Hermit Park is 20-29 years. Households in Hermit Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hermit Park work in a professional occupation. In 2011, 48.1% of the homes in Hermit Park were owner-occupied compared with 47% in 2016.

Hermit Park has 2,061 properties. Over the last 5 years, Houses in Hermit Park have seen a 86.12% increase in median value, while Units have seen a 62.03% increase. As at 30 September 2024:

  • The median value for Houses in Hermit Park is $539,760 while the median value for Units is $303,725.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Hermit park.

Suburb Insights for Hermit Park 4812

Market Insights
Hermit Park Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Hermit Park Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.