SOLD By Ricardo Marques
Introducing 93A & 93B Riveredge Boulevard, Oonoonba.
A ready-to-go investment property located close to local amenities, only 5km from the CBD, and both are on a the one title!!
Located in "The Village", this modern duplex already has tenants in place and is currently rented through NRAS, with both leases to expire on March 25th, 2024.
A far more attractive return awaits for the savvy investor upon expiration of the current lease with a potential return of 7.2% - 7.47% gross income at $790 - $840 p/w combined.
Both residences feature neutral tones, quality finishes and have low maintenance outdoor spaces.
Offering further options in the future, to keep as an investment, occupy one side and lease the other side out.
Residence 93A:
- Three bedrooms, two bathrooms, single garage with internal access + good size yard
- Stainless steel appliances including gas cooktop, electric oven and range hood
- Air-conditioned throughout
- Main bathroom with shower, separate bathtub, vanity and toilet
- Ensuite with shower toilet and single vanity
- Currently returning $353.60 per week + NRAS Pro rata payment
- Tenanted with NRAS Lease ends - 25/03/2024 - Potential rent $430.00 - $450.00 per week
Residence 93B:
- Two Bedrooms, one bathroom and single garage + small private court yard
- Stainless steel appliances including gas cooktop, electric oven and range hood
- Air-conditioned living room and bedrooms
- Main bathroom with shower, vanity and toilet
- Currently returning $494.00 per fortnight + NRAS Pro rata payment
- Tenanted with NRAS Lease ends - 25/03/2024 - Potential rent $360.00 - $380.00 per week
Rates: $2,374.45 per half year inc water (with discount)
Only Minutes to the Townsville CBD and stadium, The Townsville Hospital and James Cook University - Fairfield Central Shopping precinct offers Woolworths, Kmart and Coles, the Fairfield Home Makers Centre and Bunnings Fairfield Waters.