SOLD
Sold on 23 May 2024 for $195,000

31/63-64 The Strand
North Ward QLD 4810

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 32m2
Sold By
Property Now Mooloolaba
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Property Details for 31/63-64 The Strand, North Ward

31/63-64 The Strand, North Ward is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 32m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in North Ward in the last 12 months.

Building Type
Unit
Year Built
1970
Land Size
32m2
Local Government
Townsville City
Lot/Plan
31/SP166518

Last Listing description (June 2024)

Amazing investment opportunity!
Currently used as a holiday-let, this top floor fully furnished studio apartment has been generating positive returns. This apartment offers a variety of choices - a great investment opportunity to continue as a holiday-let, private rental or Airbnb for even higher income.

Located on the 3rd floor with sensational ocean views from your private balcony, overlooking The Strand beach.

Perfectly situated with first class restaurants, cafes, BBQs and play areas all at your door.

The studio offers a kitchenette with overhead storage, electric stove, bar fridge and microwave. The bathroom features a large vanity, toilet and shower. There is a study nook, dining table, and mirrored wardrobe. Complex facilities include a swimming pool, spa and lounging terrace with BBQ, plus onsite management that ensure the complex is well maintained, safe and quiet. There is secure undercover parking and lift access, so getting around is a breeze! This beauty ticks all the boxes for low maintenance investing!

North Ward is one of the most well-known and desirable suburbs and is incredibly well connected to amenities, and is only a short distance from Queen's Gardens, Castle Hill, sports facilities, major shopping centres, restaurants and nightlife. Close to the CBD and local primary and high schools, this location could not be more central! And if you don't feel like walking, grab an electric scooter for a fun, environmentally friendly trip to work!

This unit has had upgrades since photos taken including, fresh paint, bathroom renovation, new king size bed that also separates to 2 singles and new bar fridge.

The unit has generated $27,000 in the last 12 months which includes a couple of months cyclone/threat, hence less bookings in those months than usual.

Please do not hesitate to contact me for full financials and to view property.

Property History for 31/63-64 The Strand, North Ward, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$195,000
23 May 2024
  • 23 May 2024
    Sold for $195,000
  • 17 Apr 2024
    Listed for Sale $199,000
  • 15 Feb 2023
    Sold for $187,500
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About North Ward 4810

The size of North Ward is approximately 2.4 square kilometres. It has 8 parks covering nearly 19% of total area. The population of North Ward in 2011 was 5,099 people. By 2016 the population was 5,060 showing a population decline of 0.8% in the area during that time. The predominant age group in North Ward is 20-29 years. Households in North Ward are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Ward work in a professional occupation. In 2011, 36.3% of the homes in North Ward were owner-occupied compared with 35.2% in 2016.

North Ward has 3,966 properties. Over the last 5 years, Houses in North Ward have seen a 49.39% increase in median value, while Units have seen a 34.61% increase. As at 31 July 2024:

  • The median value for Houses in North Ward is $813,332 while the median value for Units is $367,882.
  • Houses have a median rent of $440 while Units have a median rent of $410.
There are currently 32 properties listed for sale, and 24 properties listed for rent in North ward on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in North ward.

Suburb Insights for North Ward 4810

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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.