5B Warburton StreetNorth Ward QLD 4810
Property Details for 5b Warburton St, North Ward
5b Warburton St, North Ward is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 625m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (October 2021)
Situated in what is arguably one of Townsville's best suburbs, and only 2 mins from the city, is this prime investment opportunity for the astute investor.
The unit complex comprises of 4 x 2 bedroom units with 1 bathroom, 1 car accommodation and all on one title. The units have recently been renovated with all units have front patios or balconies.
The 2 bedroom units are spacious with a main living area that is overlooked by the kitchen. There is built-ins to the units and they are fully air-conditioned.
Current income per unit:
The 4 units have a total rental return of $865 per week.
The units have recently been freshly painted and its location is what makes this investment opportunity so special.
The complex comprises of 4 x 2 bedroom units on one title
625sqm block with 1 garage per unit
Return of 6% on investment
Potential to renovate the units and receive a higher rental return
Situated in the sought-after suburb of North Ward
Open plan living areas, functional kitchen, built-in-robes and courtyards
If you require further information on this excellent investment opportunity, please contact Martin McDonough on 0438 174 898.
Property History for 5b Warburton St, North Ward, QLD 4810
- 06 Aug 2021Sold for $660,000
- 05 Mar 2020Listed for Rent $239 / week
- 06 Feb 2020Listed for Sale $698,000
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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 3,922 properties. Over the last 5 years, Houses in North Ward have seen a 37.61% increase in median value, while Units have seen a 48.93% increase. As at 31 October 2024:
- The median value for Houses in North Ward is $775,777 while the median value for Units is $413,194.
- Houses have a median rent of $450 while Units have a median rent of $420.
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