5/49 Camp St, Mundingburra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 88m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Mundingburra in the last 12 months.
Welcome to your next fantastic investment opportunity or perfect Starter home in Mundingburra! This 2-bedroom unit is not only a secure and lucrative venture with a gross yield of over 8%, but it also offers comfortable living spaces and a convenient location.
Currently occupied by reliable tenants paying $360 per week, this unit promises immediate returns. Step inside to discover a spacious open-plan layout, seamlessly connecting the living, kitchen, and dining areas. The entire space is tiled and equipped with air conditioning, ensuring year-round comfort for residents.
The kitchen is the heart of the home, boasting ample bench and storage space. Its layout overlooks the living and dining areas, promoting a sociable atmosphere for gatherings. Adjacent to the kitchen, you'll find the internal laundry, which leads out to the rear courtyard.
Escape to your own private oasis in the rear courtyard, where a small patch of grass and tropical plants create a serene retreat. Both bedrooms are generously sized, fully carpeted, and equipped with built-in wardrobes and air conditioning units.
Additional amenities include a single carport with access to extra storage space, enhancing practicality and convenience. With body corporate fees totaling under $2,100 per year, covering admin fund, sinking fund, and insurance, this investment opportunity is as hassle-free as it gets.
Situated in a prime central location, residents enjoy easy access to Mundingburra State School, parks, the IGA, and various takeaway options, all within walking distance. Plus, major amenities such as the CBD, Strand, JCU, and Hospital are just a quick 10-minute drive away.
Whether you're looking to expand your investment portfolio or secure an affordable first home, this unit ticks all the boxes. Don't miss out on this rare opportunity to invest in Mundingburra's thriving real estate market!
Although every care has been taken to ensure accuracy, 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.
The size of Mundingburra is approximately 2.5 square kilometres. It has 5 parks covering nearly 22.5% of total area. The population of Mundingburra in 2011 was 3,878 people. By 2016 the population was 3,608 showing a population decline of 7.0% in the area during that time. The predominant age group in Mundingburra is 10-19 years. Households in Mundingburra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mundingburra work in a professional occupation. In 2011, 59% of the homes in Mundingburra were owner-occupied compared with 58.8% in 2016.
Mundingburra has 1,716 properties. Over the last 5 years, Houses in Mundingburra have seen a 70.12% increase in median value, while Units have seen a 61.48% increase. As at 31 October 2024:
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