21 Nelson StreetSouth Townsville QLD 4810
Property Details for 21 Nelson St, South Townsville
21 Nelson St, South Townsville is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 2016. The property has a land size of 613m2 and floor size of 151m2.
Last Listing description (August 2024)
Arguably one of South Townsville's most distinctive duplexes is now available for purchase by Expression of Interest. This remarkable property stands out due to its prime location and the exceptional investment opportunity it offers. Situated in a highly sought-after area, the duplex promises optimal returns, making it an investor's dream. Take advantage of two full-sized properties without the hassle of a body corporate. This means you can enjoy all the benefits of owning substantial real estate while avoiding the additional costs and regulations that typically come with body corporate management. This unique feature enhances the property's appeal, making it a highly desirable option for savvy investors looking to maximize their returns and simplify their investment. The property comes with active leases, ensuring immediate rental income for the buyer. This unique combination of location, financial efficiency, and immediate returns makes this duplex a rare find in the South Townsville market.
Welcome to 21a/b Nelson Street, South Townsville
The Property:
? Spacious and tiled open plan living area offering ease of maintenance, while the bedrooms and study are carpeted, providing added comfort and warmth
? Each unit features a modern bathroom, each equipped with both a shower and a tub. while the ensuite in both units feature a walk-in shower both offer comfort and convenience for contemporary living.
? Each unit features an internal laundry facility, providing residents with convenient and discreet access to laundry amenities within the comfort of their home.
? The property boasts a total of four secure garage spaces, ensuring ample and safe parking for residents.
? Each unit features dedicated study areas, providing ample space for remote work or personal projects.
? Both units are fully fenced and include private courtyards, providing residents with secure and secluded outdoor spaces.
? Both units are equipped with ducted air conditioning, ensuring comfortable temperatures throughout the entire property all year round.
? Constructed 2016
? Each unit features a well-appointed kitchen equipped with quality appliances and complemented by sleek stone benchtops, combining functionality with modern elegance.
The Location:
Situated in South Townsville, this property is centrally located. Close to shopping, eateries, parks, entertainment, and education.
? 5 minutes to Townsville city center offering access to major shopping centers, cafes, popular Castle Hill and Kissing Point lookouts, restaurants etc.
? 5 Minutes to Queensland Country Bank Stadium
? 9 Minutes to Castletown Shoppingworld
The Opportunity:
- You'll promptly start reaping the benefits of your investment with the existing leases, current gross return $54,080 per year. The lease for 21B is set to expire in August 2025, while the lease for 21A is due to expire in February 2025. Based on current market trends, it is anticipated that rental rates for both units could see an increase to approximately $550-600 per week when renewal time approaches.
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.
Property History for 21 Nelson St, South Townsville, QLD 4810
- 02 Aug 2024Listed for Sale Not Disclosed
- 10 Dec 2019Listed for Rent $415 / week
- 04 May 2016Listed for Rent - Price not available
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About 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.
Suburb Insights for South Townsville 4810
Market Insights
South Townsville Trends for Houses
N/A
N/A
View TrendN/A
N/A
South Townsville Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
