SOLD
Sold on 20 Jun 2024 for $650,000

25/7 Mariners Drive
Townsville City QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 129m2
Land area: 129m2
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Property Details for 25/7 Mariners Dr, Townsville City

25/7 Mariners Dr, Townsville City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 129m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Townsville City in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
129m2
Land Size
129m2
Local Government
Townsville City
Lot/Plan
25/BUP103379

Last Listing description (July 2024)

A fantastic opportunity has arrived to secure a gorgeous two-bedroom apartment within the Mariners North Holiday Apartment complex. Earning excellent returns during the current owners 15 plus years of ownership, you can now enjoy the best of resort-style living in this oceanfront apartment, showcasing sensational views of The Strand and Magnetic Island. This is a great beach side home or investment property, with all the onsite facilities such as a tennis court, swimming pool, and BBQ facilities, and the beautiful tropical gardens all year round. Only a short walk to the Strand, marina, CBD, and the entertainment and hospitality precinct, this location is one of the best on offer in Townsville.

The Property

- Holiday letting brings in over $66,000 gross per annum in the last financial year and occupancy has always been high

- Perfectly positioned 148m2 apartment offering ocean & island views
- Well-proportioned open plan living and dining, complete with generous kitchen
- Kitchen features ample bench space, electric cooktop, and dishwasher
- Large balcony to enjoy ocean views and bring in wonderful breezes
- Main bedroom is generous and features a comfortable en-suite
- Second bedroom also generous in size, comfortably fits queen bed or twin single
- Main bathroom features shower over bath and combines with a functional laundry
- Tiled kitchen and bathrooms
- 2.7m high ceilings throughout
- Fully air-conditioned living and sleeping zones
- Close to the pool, tennis court and tropical gardens while still maintaining privacy
- Perfect location to invest, with onsite management making it easy to let through the holiday pool

The Location

- Walking distance to Townsville's famous Strand
- Uniquely positioned on the peninsula with marina, island, Castle Hill, and Strand views
- Opposite convenient and popular local eateries and fish and chip shop
- Short stroll to Tobruk pool and kid's waterpark
- Short stroll to Gregory Street dining precinct
- Close proximity to CBD, QLD Country Bank Stadium, & Palmer Street dining precinct

Property History for 25/7 Mariners Dr, Townsville City, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$650,000
20 Jun 2024
  • 20 Jun 2024
    Sold for $650,000
  • 21 Nov 2023
    Listed for Sale $659,000
  • 27 Apr 2023
    Listed for Sale $695,000
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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 2,524 properties. Over the last 5 years, Houses in Townsville City have seen a 33.82% increase in median value, while Units have seen a 29.03% increase. As at 31 August 2024:

  • The median value for Houses in Townsville City is $733,533 while the median value for Units is $450,004.
  • Houses have a median rent of $543 while Units have a median rent of $500.
There are currently 47 properties listed for sale, and 79 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 196 properties were sold in the past 12 months in Townsville city.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.