270 Boundary St, South Townsville is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 357m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Ideally located in iconic South Townsville this dual occupancy opportunity has multiple options for the savvy investor/renovator.
Sitting on the city fringe the area enjoys close proximity to all amenities including Palmer st restaurant district, historic pubs, schools, public transport links and walking distance to North Queensland Stadium.
Currently on the block there are two homes circa 1900, the front residence is located on the corner of Boundary Street and is in original condition and has three bedrooms and 1 bath.
The second residence is the rear residence accessed off Sixth Avenue (#2 Sixth Avenue) is a two bedroom home with 1 bath that has recently renovated.
Both these homes are tenanted with good long term occupants, and proven returns.
There is also option to strata the site STCA, renovate and flip both premises for a tidy profit.
All subterranean pipes on the block have been upgraded to PVC.
For further information or to arrange an inspection of this 713m2 allotment call Luke or Adrian today.
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:
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