6 Hodel Street, Rosslea QLD 4812

Don’t miss this excellent opportunity to invest in four solid units on a spacious 809sqm corner block in a central location. Each unit features two bedrooms and one bathroom, refurbished in recent years with modern features and stylish tiling throughout the living areas.

All units are fully air-conditioned and include modern kitchens with electric ovens, range hoods, and double sinks. The bathrooms are tiled from floor to ceiling and feature walk-in showers and separate toilets. Each unit also has its own private laundry and undercover car parking. The bedrooms are a great size and are equipped with ceiling fans and air conditioning, ensuring comfort for tenants.

All four units are occupied providing a steady income stream for investors. With a gross rent return over 7.9%, this property is a standout investment in Townsville’s growing rental market.

This is a rare chance to secure a high-performing investment property in a sought-after location!

– ‎One title, therefore NO body corporate!
– Approx. 6% Net return!
– FOUR 2 bed 1 bath units
– Solid brick and masonry block build
– 4 steady rental incomes
– Each unit features modern kitchens with electric ovens
– Modern bathrooms with walk in shower, vanity and separate toilet
– Each unit with private laundry
– Fenced backyards
– Each unit has individual carport for parking

Council Rates (Includes water): Approx. $6000 per half year

LEASE AGREEMENTS:
UNIT 1 – $365 p/w Lease: 29.11.2024 – 01.12.2025
UNIT 2 – $350 p/w Lease: 14.03.25 – 15.09.2025
UNIT 3 – $365 p/w Lease: 08.04.25 – 09.04.2026
UNIT 4 – $365 p/w Lease: 18.10.2024 – 20.10.2025
YEARLY RENT RETURN: $75,140

Opportunities like this don’t come along often and with accommodation in HOT DEMAND in Townsville, this property will not last long! Act quickly to make this profitable property yours!