Hermit Park has consistently proved to be a highly sought after suburb that is pretty well on the city’s doorstep. Its proximity to a number of great schools, fair median house prices and top location (to shopping centres, the city’s largest golf course, just minutes from the city and more) means it is a top performer.
With that said, this property is perfectly located for the Rental Market. Situated just a block away from the Townsville Golf Course, it is just minutes away from the Ring Road leading to the army barracks, the Townsville Hospital and JCU.
Made up of two separate blocks, with 2 units in each block, and surrounded by lush tropical gardens, these very private units are Strata Titled, and you control your own Body Corp.
Each unit has:
2 Bedrooms with built-ins
Good sized living area’s
Internal Laundry
Private back courtyard
Air-conditioning
Insulated colour bond roof
Solar panels shared between all units
1 Bathroom with separate toilet
1 Garage and separate storage unit
99m minimum
Ground floor
Currently 2 units are returning $280 per week, with the remaining 2 units, owner occupied.
Rental return on all 4 units would be $1,120.00, a 6.85% return.