SOLD
RECENT ADVICE
Sold on 17 Oct 2024 for $1,100,000

8 Roberts Street
Hermit Park QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 809m2
Sold By
First National Real Estate Townsville
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Property Details for 8 Roberts St, Hermit Park

8 Roberts St, Hermit Park is a 8 bedroom, 4 bathroom Unit with 4 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 October 2024. There are other 8 bedroom Unit sold in Hermit Park in the last 12 months.

Building Type
Unit
Land Size
809m2
Local Government
Townsville City
Lot/Plan
141/RP703408

Last Listing description (November 2024)

Presenting 8 Roberts Street, Hermit Park ? a standout investment opportunity offering four fully renovated units with secure leases and an impressive 5% net return on investment. With all units under one title, this property is a hassle-free investment with no body corporate, making it straightforward and simple to manage.

Each unit has been tastefully renovated to provide a modern, fresh, and light-filled living space. Inside, you'll find two generously sized bedrooms, each featuring built-in wardrobes, ceiling fans, and split system air conditioning for year-round comfort. The beautifully appointed bathrooms are fitted with large step-in showers, floating vanities, and LED-lit mirrors. The open-plan kitchen and living area offers a stylish and functional space to cook and relax, complete with modern appliances, ample storage, and split system air conditioning.

Each unit is complemented by its own private outdoor spaces. The large, fully fenced front courtyards are perfect for entertaining, while the rear patios provide a quiet, private oasis alongside a fully covered laundry area. Each unit also has a secure single lock-up garage, ensuring convenience and peace of mind for tenants.

Located in the heart of Hermit Park, the block is within easy walking distance of essential amenities, including Woolworths, a bottle shop, butchers, and a pharmacy. Public transport is easily accessible, and Charters Towers Road provides quick access to the CBD, James Cook University, the Hospital, and Lavarack Barracks, all within a 10-minute drive.

With an annual income of over $88,000 and no body corporate,
this property is a rare opportunity to enjoy a solid passive income stream with easy maintenance and no added complications. The owner has meticulously kept the property to a high standard since its renovation, offering a turn-key investment with nothing left to do but collect the returns. Don?t miss out on this rare chance to secure a high-yielding, low-maintenance investment in a prime location.

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 8 Roberts St, Hermit Park, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$1,100,000
17 Oct 2024
Listed for Rent
$320/w
19 Feb 2021
  • 17 Oct 2024
    Sold for $1,100,000
  • 06 Sep 2024
    Listed for Sale Offers Over $1,100,000
  • 29 Jan 2021
    Listed for Rent $320 / week
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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 2,073 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.
There are currently 15 properties listed for sale, and 10 properties listed for rent in Hermit park on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Hermit park.

Suburb Insights for Hermit Park 4812

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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.