SOLD
Sold on 16 Jul 2024 for $625,000

213 Thuringowa Drive
Kirwan QLD 4817

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 134m2
Land area: 607m2
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Property Details for 213 Thuringowa Dr, Kirwan

213 Thuringowa Dr, Kirwan is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 607m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Kirwan in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
134m2
Land Size
607m2
Local Government
Townsville City
Lot/Plan
204/RP727631

Last Listing description (August 2024)

Discover the potential of this single-title duplex situated in central Kirwan. It comprises of two spacious two-bedroom units, each featuring open-plan, updated kitchens with ample bench space and storage. The large living areas are adorned with modern cool tiles and neutral colour schemes, offering a contemporary feel. Both units boast two generously sized bedrooms equipped with built-in wardrobes and are fully air-conditioned, supplemented by ceiling fans for year-round comfort. Updated central bathrooms include walk-in showers and ample storage space.

Additional features include a wide driveway leading to covered carports for each unit, ensuring convenient parking. Covered outdoor laundry facilities add to the convenience. Each unit also offers private outdoor areas with manicured gardens and easy-to-maintain lawns, ideal for relaxation and entertaining.

This property represents an outstanding investment opportunity with dual rental incomes and a prime location close to schools, shopping centres, and recreational facilities. Whether you're expanding your investment portfolio or seeking a comfortable home with additional rental income, this duplex in central Kirwan offers both convenience and potential. Schedule an inspection today to explore the possibilities of this desirable residential investment.

Your Property:
Investment Opportunity in Central Kirwan.
Single-title duplex with two spacious two-bedroom units.
Single title means reduced rates and no body corporate fee.
Open-plan, updated kitchens with ample bench space and storage.
Large living areas with modern cool tiles and neutral color schemes.
Two generously sized bedrooms in each unit with built-in wardrobes.
Fully air-conditioned interiors with ceiling fans for year-round comfort.
Updated central bathrooms featuring walk-in showers and ample storage.
Wide driveway with covered carports for each unit.
Covered outdoor laundry facilities.
Private outdoor areas with manicured gardens and easy-to-maintain lawns.
Ideal location near schools, shopping centres, and recreational facilities.
Potential for dual rental incomes.
Excellent residential investment opportunity.

Your Investment:
Welcome to an exceptional investment opportunity in the heart of Kirwan. This well-maintained duplex, offering two spacious two-bedroom units, promises a robust return on investment. Each unit commands a rental income of $375 per week (a total of $750/week for both units), contributing to a total annual income of $39,000.
With a yield of approximately 6.5%, this property presents not only a secure income stream but also significant potential for capital growth in a sought-after location. Positioned close to prominent shopping centres such as Willows Shopping Centre and Stockland Townsville, residents enjoy easy access to a diverse selection of retail outlets, grocery stores, cafes, restaurants, and essential services. These shopping centres not only enhance the convenience and lifestyle of tenants but also contribute to the long-term value of the property. Additionally, residents can take advantage of nearby recreational facilities including parks, sports fields, and fitness centres, promoting an active and engaging lifestyle. With educational institutions like Kirwan State High School and Ryan Catholic College in close proximity, families will find this location particularly appealing.

Explore the promising investment potential and comfort of this centrally located Kirwan duplex today. Don't miss out on securing a property that offers dual rental incomes and modern amenities in a highly desirable neighbourhood. Call Coralie Macdonald 0413 450 652 or Ben Waugh 0487 730 456 today!

Property History for 213 Thuringowa Dr, Kirwan, QLD 4817

A timeline of how this property has performed in the market
Last Sold
$625,000
16 Jul 2024
Listed for Rent
$245/w
06 Oct 2017
  • 16 Jul 2024
    Sold for $625,000
  • 10 Jul 2024
    Listed for Sale Offers Over $600,000
  • 01 Jun 2017
    Listed for Rent $245 / week
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About Kirwan 4817

The size of Kirwan is approximately 11.5 square kilometres. It has 17 parks covering nearly 13.1% of total area. The population of Kirwan in 2011 was 21,771 people. By 2016 the population was 21,414 showing a population decline of 1.6% in the area during that time. The predominant age group in Kirwan is 10-19 years. Households in Kirwan are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kirwan work in a professional occupation. In 2011, 59.5% of the homes in Kirwan were owner-occupied compared with 60.7% in 2016.

Kirwan has 9,006 properties. Over the last 5 years, Houses in Kirwan have seen a 72.88% increase in median value, while Units have seen a 45.62% increase. As at 31 August 2024:

  • The median value for Houses in Kirwan is $509,348 while the median value for Units is $327,485.
  • Houses have a median rent of $500 while Units have a median rent of $385.
There are currently 43 properties listed for sale, and 46 properties listed for rent in Kirwan on OnTheHouse. According to CoreLogic's data, 578 properties were sold in the past 12 months in Kirwan.

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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.