OFF MARKET

102 Trainor Street
Townview QLD 4825

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 809m2
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Property Details for 102 Trainor St, Townview

102 Trainor St, Townview is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 809m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
1965
Floor Size
43m2
Land Size
809m2
Local Government
Mount Isa
Lot/Plan
3/MPH21999

Last Listing description (November 2019)

What a great opportunity to secure this block of 2 x one bedroom units that are renovated and offer modern living all on a massive level block of land 809m2 with so much potential.

These are currently owner occupied and friends in the other, you could either buy them as a great investment property and yield 12.56-13.26% gross or live in the back unit, build sheds and perhaps a pool and lease the other out for income.


Both units have the same layout
- Open Plan Lounge/ Kitchen with modern layout
- Well laid out kitchen in both
- Fully tiled floors for low maintenance
- Spacious Bedrooms and bathroom
- Internal laundry leading to side yard
- Security screen and doors
- Box style airconditioning

These units are solid block construction with a front verandah, 1.5kw solar panelswith a 3kw inverter for unit 2 to save money, updated switchboard and so much potential with the vacant land that has good grass coverage, so pleasing to the eye.

With potential rent at $180-$190 pw for each unit , this would return you 12.56-13.26% gross. As an investment you could do some upgrades and perhaps install rear courtyards to strengthen future return.

If you are chasing a cheap home then consider the option of changing the 2 units into a home by cutting in an internal doorway and end up with a 3 bed 2 bath home , all subject to council permissions and planning.

102 Trainor Street has potential for great return and future development. Call Bronwyn Finch for more details or an appointment to view 0448 013 974

Property History for 102 Trainor St, Townview, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$145,000
25 Oct 2019
  • 25 Oct 2019
    Sold for $145,000
  • 24 Oct 2019
    Listed for Sale UNDER CONTRACT
  • 03 Feb 2016
    Listed for Sale $229,000 NEG
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About Townview 4825

The size of Townview is approximately 1.1 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Townview in 2011 was 2,370 people. By 2016 the population was 2,061 showing a population decline of 13.0% in the area during that time. The predominant age group in Townview is 0-9 years. Households in Townview are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townview work in a trades occupation. In 2011, 48.1% of the homes in Townview were owner-occupied compared with 47.5% in 2016.

Townview has 955 properties. Over the last 5 years, Houses in Townview have seen a 20.08% increase in median value, while Units have seen a -10.01% decrease. As at 31 October 2024:

  • The median value for Houses in Townview is $242,172 while the median value for Units is $268,784.
  • Houses have a median rent of $423 while Units have a median rent of $270.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Townview on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Townview.

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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.