45/11-17 Stanley St, Townsville City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 72m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Townsville City in the last 12 months.
Boasting unmatched river views and a premium city location, This apartment presents an ideal opportunity for savvy investors seeking a lucrative venture. With a fresh lease secured through to May 2025, yielding $440 per week, it promises a generous rental income. Moreover, the potential for yearly increases aligns with Townsville's rapidly growing market, offering even greater returns over time.
Welcome to 45/11-17 Stanley Street, Townsville City.
The Property:
The Opportunity:
The savvy investor will immediately reap the rewards of their purchase thanks to the fresh lease through to May 2025 at $440/week for a gross annual yield of approx. 7.5%.
The Location:
Situated on the riverfront of the beautiful Ross Creek, this stunning unit is just a short walk to the CBD, entertainment, dining, amenities and shopping.
- 1 minute to the CBD
- 1 minute to nearest Woolworths (2 minute walk)
- 2 minutes to Palmer Street & dining precinct (5 minute walk)
- 3 minutes to the Queensland Country Bank Stadium (7 minute walk)
Don't let this opportunity slip by. Reach out to Dylan on 0459 641 033 for more information.
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.
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:
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