For Sale Offers Over $639,000

37 Bayswater Terrace, HYDE PARK QLD, 4812

No Body Corporate Fees - 4 x 2 Bedroom Units Returning $970 Per Week 6.13% Net Yeild

Property Details

An amazing investment opportunity does not come around this often. Set in one of the best locations in town, central to everything you could possibly need making it an easy choice for your tenants. Only minutes from Castletown Shopping Centre and surrounding businesses, an array of Medical Centres, The Mater Hospital, Queensland X-ray and Pimlico High School all walking distance from home. Townsville CBD and The Strand is only approximately 4 kilometres away offering an easy commute for the young professional. Each unit is currently tenanted on secure leases at a total of $970 per week. A solid group of tenants with some long term.

The improvements which have been completed are:
Unit 1 - New bathroom including floor, wall tiles, vanity. Full internal repaint with modern colours, New floor tiles throughout, blinds and most fixtures and fittings.

Unit 2 - New vinyl plank floors to living areas, new carpets to bedrooms, new kitchen, full repaint, new vanity in the bathroom.

Unit 3 - Full repaint internally, bathroom updated with new vanity, wall tiles, blinds and fixtures.

Unit 4 - New kitchen including new cooktop and oven, repaint to bedrooms and hallway, blinds and some fixtures updates.

Further upgrades which the owners have invested in to make the property an easy investment is all new hot water systems, secure cage area for storage, fully upgraded switchboards and separate power per unit for the laundry area. New 6 foot fence to right-hand side and new fencing to the two lower units to provide secure exclusive courtyards. All units have split system ac to main bedrooms.

Each unit has an undercover sealed concrete parking space provided to the rear of the property. NBN to the premises is also installed to the units.

If you have an eye for potential and growth, then you cannot miss this fantastic opportunity. Book your personal tour today!

Other Features

  • Air Conditioning

For Sale

Offers Over $639,000

Property Information

  • Land Area
  • Car Ports

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Giovanni Spinella

Director / Sales Agent

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Jabyn Manning

Sales Agent

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