43 Roberts StreetHermit Park QLD 4812
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. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 8 bedroom Unit sold in Hermit Park in the last 12 months.
Last Listing description (November 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
- 13 Nov 2024Sold for $927,500
- 16 Aug 2024Listed for Sale Low $900,000s
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0About 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 2,073 properties. Over the last 5 years, Houses in Hermit Park have seen a 93.34% increase in median value, while Units have seen a 114.56% increase. As at 30 November 2024:
- The median value for Houses in Hermit Park is $553,959 while the median value for Units is $321,368.
- Houses have a median rent of $420 while Units have a median rent of $370.
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