OFF MARKET

10/5 Kingsway Place
Townsville City QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 102m2
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Last updated 11 Nov 2024
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Property Details for 10/5 Kingsway Pl, Townsville City

10/5 Kingsway Pl, Townsville City is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 102m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
2014
Floor Size
85m2
Land Size
102m2
Local Government
Townsville City
Lot/Plan
10/SP253511

Last Listing description (August 2023)

Located in a prime location in Townsville City, at the modern Paddington QResorts apartment building is this amazing opportunity for the astute investor.

With long term tenants in place with a weekly combined rental income of $740 per week and low body corporate fees, this is the investors dream not to be missed.

Property features:

10a - One Bedroom Apartment
- Spacious Bedroom with built in robes
- Fully air conditioned
- Ceiling fans throughout
- Open plan living area
- Modern kitchen with heaps of storage quality appliances including a dishwasher
- Undercover Balcony off the living area
- Internal laundry
- Fully Furnished and self contained
- Currently leased with a long term tenant at $430 per week - potential to increase at next lease renewal

10b - Studio Apartment
- Open plan living and bedroom
- Air conditioned
- Modern spacious bathroom
- Kitchenette
- Furnished & self contained
- Undercover balcony
- Currently leased at $310 per week

Complex Features:
- Secure complex
- Inground swimming pool
- Onsite management
- CCTV
- Gated carport area

Please contact Natalie on 0438 926 155 to arrange an inspection.

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Property History for 10/5 Kingsway Pl, Townsville City, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$319,000
04 Jul 2023
Listed for Rent
$450/w
26 Oct 2020
  • 04 Jul 2023
    Sold for $319,000
  • 02 Jun 2023
    Listed for Sale Offers over $319,000
  • 05 Jun 2012
    Sold for $405,000

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About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,471 properties. Over the last 5 years, Houses in Townsville City have seen a 23.71% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:

  • The median value for Houses in Townsville City is $689,618 while the median value for Units is $495,146.
  • Houses have a median rent of $543 while Units have a median rent of $500.
There are currently 40 properties listed for sale, and 66 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Townsville city.

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