2/8-10 Morehead StreetSouth Townsville QLD 4810
Property Details for 2/8-10 Morehead St, South Townsville
2/8-10 Morehead St, South Townsville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 127m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (April 2023)
Due to a change in circumstances the owners have instructed all offers to be invited immediately.
This low maintenance, set and forget investment property is ideal for anyone seeking to start or expand their portfolio. Located a short walk to the Queensland Country Bank Stadium and Palmer Street restaurant precinct, and moments from the CBD, this is a fantastic location that can't be passed up. With tenants secured on a 12-month lease until April 2023 returning $320/week and competitive body corporate fees, this is a property you don't want to miss.
The Property
- Ideally located ground floor unit in sought-after South Townsville
- Currently achieving $320/week until mid-April 2023
- 2.7m ceilings throughout provide a great feeling of space
- Low maintenance apartment offering open plan living area flowing seamlessly onto the patio
- Well-proportioned kitchen with ample benchspace also features dishwasher and ceramic cooktop
- Modern timber-look floors provide the style, but none of the ongoing maintenance of wooden boards
- Tiles through the kitchen and wet areas for practicality, and carpets through the bedrooms
- Both bedrooms are generous, main bedroom featuring en-suite and private balcony
- Main bathroom is comfortable and features a generous shower stall
- Dual entry provides great privacy and maximises appeal to a variety of tenants for the future
- Security screens throughout for added peace of mind
- Separate lockable storeroom exclusive to the unit
- Plenty of natural tones and foliage in the complex to highlight the ideal North Queensland setting
The Location
- Walking distance to Queensland Country Bank Stadium
- Walking distance to Palmer Street restaurant precinct
- Desirable location with easy access to the Townsville Recreational Boating Park Development, Flinders Mall, and The Strand
- Moments to the CBD
- Moments to quality junior and senior schools
Property History for 2/8-10 Morehead St, South Townsville, QLD 4810
- 26 Nov 2022Sold for $255,000
- 04 Aug 2022Listed for Sale $265,000
- 05 Mar 2021Listed for Rent $320 / week
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0About South Townsville 4810
The size of South Townsville is approximately 5.4 square kilometres. It has 7 parks covering nearly 4% of total area. The population of South Townsville in 2011 was 2,137 people. By 2016 the population was 2,352 showing a population growth of 10.1% in the area during that time. The predominant age group in South Townsville is 20-29 years. Households in South Townsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Townsville work in a professional occupation. In 2011, 47.5% of the homes in South Townsville were owner-occupied compared with 44.8% in 2016.
South Townsville has 1,801 properties. Over the last 5 years, Houses in South Townsville have seen a 77.97% increase in median value, while Units have seen a 45.14% increase. As at 31 October 2024:
- The median value for Houses in South Townsville is $522,877 while the median value for Units is $408,887.
- Houses have a median rent of $500 while Units have a median rent of $495.
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