SOLD
Sold on 06 Mar 2024 for $720,000

2 Cassinia Street
Mount Low QLD 4818

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 104m2
Land area: 704m2
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Property Details for 2 Cassinia St, Mount Low

2 Cassinia St, Mount Low is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2014. The property has a land size of 704m2 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 3 bedroom Unit sold in Mount Low in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
104m2
Land Size
704m2
Local Government
Townsville City
Lot/Plan
481/SP262866

Last Listing description (May 2024)

This modern, fully air conditioned, well maintained duplex will impress with a weekly return of $870.00 per week!
Located in a gorgeous area of Mount Low, this duplex has been given a fresh external paint and is cleverly designed to front 2 streets for privacy and functionality as a duplex.

On offer are two completely separate and private residences under the same roof with fantastic tenants already in place.

This truly is the ideal ready to go, high yielding investment property. Other options later down the track could be to occupy one side and lease the other side out to take advantage of a subsidised mortgage repayment or even have multiple generations living under the same roof! You may need a home base (FIFO) with the advantage of a passive income and a person to actually keep an eye on the property while you are away. Future options are endless.

The units are modern, fully air conditioned, neat and tidy throughout, both sides feature neutral tones and are easy to care for, with durable tiled floors in the open living areas.
Unit 1 is a 3 bedroom, 2 bathroom, 2 car garage unit, well proportioned with living spaces conveniently flowing out to the entertaining areas and easy to care for backyard space without being too much to maintain.
Unit 2 is a 3 bedroom, 2 bathroom, 1 car garage unit, well proportioned with living spaces conveniently flowing out to the entertaining areas and easy to care for backyard space without being too much to maintain.

Rental for the Property
* Rental return $870 per week

Residence Unit 1:
* Three good size bedrooms with walk in wardrobe & ensuite
* Ensuite to main bedroom
* Second & third bedroom adjacent to family bathroom & separate toilet
* Open plan living/dining/kitchen
* Lovely kitchen with dishwasher space & pantry
* Double garage with internal access
* Laundry is neatly tucked into the double garage
* Undercover private patio and private small yard
* Fully fenced and pet friendly
* Currently returning $450.00 per week
* Tenanted until February 2025

Residence Unit 2:
* Three good size bedrooms
* Ensuite to main bedroom, wall wardrobe
* Second & third bedroom adjacent to family bathroom & separate toilet
* Open plan living/dining/kitchen
* Lovely kitchen with dishwasher space & pantry
* Single garage with internal access
* Internal laundry with access to the yard.
* Undercover private patio and small yard
* Fully fenced and pet friendly
* Currently returning $420.00 per week
* Tenanted on lease till December 2024

Both units are being very well kept by the tenants and this would make a sound investment or home with passive income for the savvy buyer.

2 Cassinia St, Mount Low presents great value to the Investor or those wanting a home base with an income or a home for the blended family.
This property has been a wonderful investment property for this owner, but it is now time for it to be sold!

Less than 25 minutes drive via the Ring Road will get you to Australia's largest Military Army base - Lavarack Barracks, The Townsville Hospital and James Cook University - the location is fantastic!
Twenty minute drive to the airport and another few minutes to the CBD and the very popular Strand for leisurely walks, cafes and beautiful views to Magnetic Island.
An 8 minute drive will take you to either the beach at Bushland Beach or the very popular Burdell Shopping precinct offering Woolworths, Chemist, Bunnings, Carwash, Pool, North Shore Tavern plus a range of shopping & gym options.

As these units are tenanted inspection is by appointment only.
Call Wendy Litster on 0438232788 and she will happily book a private inspection for 'just you' to inspect the units, or provide any extra details.

* Please note virtual furniture has been used in this photography

Property History for 2 Cassinia St, Mount Low, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$720,000
06 Mar 2024
Listed for Rent
$330/w
25 Oct 2014
  • 06 Mar 2024
    Sold for $720,000
  • 22 Dec 2023
    Listed for Sale Offers over $725,000
  • 22 May 2018
    Listed for Rent $275 / week
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About Mount Low 4818

The size of Mount Low is approximately 11.4 square kilometres. It has 3 parks covering nearly 5.4% of total area. The population of Mount Low in 2011 was 2,392 people. By 2016 the population was 4,655 showing a population growth of 94.6% in the area during that time. The predominant age group in Mount Low is 0-9 years. Households in Mount Low are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Low work in a trades occupation. In 2011, 78.9% of the homes in Mount Low were owner-occupied compared with 58.6% in 2016.

Mount Low has 2,186 properties. Over the last 5 years, Houses in Mount Low have seen a 73.45% increase in median value, while Units have seen a 44.02% increase. As at 31 October 2024:

  • The median value for Houses in Mount Low is $621,355 while the median value for Units is $662,021.
  • Houses have a median rent of $530.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Mount low on OnTheHouse. According to CoreLogic's data, 193 properties were sold in the past 12 months in Mount low.

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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.