4/18-20 Maryvale Street, West End, QLD 4810

4/18-20 Maryvale Street, West End, QLD 4810 6.4% CURRENT Gross Yield - Fantastic City Fringe Find

Located on the vibrant city fringe, 4/18-20 Maryvale Street in West End offers an exceptional blend of convenience, style, and investment potential. Just moments away from Townsville's bustling CBD, renowned restaurants, and the picturesque Strand beach, this property delivers the perfect balance of urban living and seaside charm.

This two-bedroom unit is thoughtfully designed, with both bedrooms featuring split-system air conditioning and built-in robes to ensure comfort and practicality. The residence boasts a renovated kitchen equipped with near-new appliances, catering to the modern lifestyle. Complimenting the contemporary feel is the timber-look floating floors that flow seamlessly throughout the home, creating a warm and inviting atmosphere.

One of the standout features of the property is the expansive timber deck at the rear, offering a private retreat for relaxation or entertaining guests. Whether it's a quiet morning coffee or an evening gathering with friends, this space provides the perfect backdrop.

The property is currently rented at $390 per week, generating a strong yield of 6.43%. With low body corporate fees of under $4,500 annually and a secure lease in place until November 2025, this is a fantastic opportunity for investors seeking a high-performing asset. Alternatively, the property's prime location and stylish features make it an ideal choice for young couples looking to enjoy the perks of city-fringe living.

Don't miss out on this exceptional opportunity in one of Townsville's most sought-after locations. With its impressive features, strong rental return, and unbeatable proximity to amenities, 4/18-20 Maryvale Street is a standout offering in today's market.

Information:

Townsville Council Rates: $1,900 approx per half year

Body Corporate Rates: $4,262 per year

Rental Details: Currently rented at $390/week til November 2025, current gross yield 6.4%)

Rental Appraisal: $390-$420 per week, estimated gross yield of 6.93%

All information (including but not limited to the property area, floor size, price, address and general property description) on online advertising is provided as a convenience to you, and has been provided to Whaites + Co by third parties.