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Mundingburra 20 China Street

Sold for $345,000

Bed
4

Bath
2

Car
4

  • Property ID 20762945
  • Bedrooms 4
  • Bathrooms 2
  • Carports 4
  • Land Size 498 sqm

SOLD by Sean Lubbe, Call now for elite service || Duplex Investment in Riverside Mundingburra | Walking Distance to River Pathways

Fully occupied and ready for the new owner. Both of these units have open living, dining and kitchen areas. Both kitchens have been upgraded with feature splash back tiles, beautiful bench tops and upgraded appliances. Live spaciously with 2 large bedrooms for supreme comfort and enjoy that bathroom that have been designed for plenty of shower space and a separate toilet space. Featuring separately fenced yard space with the laundry boasting a hills hoist and covered car parks are included for secure parking for both tenants.

The local supermarkets, private schools and the Ross River all within a short walking distance is a great driver to strong accommodation demand. This property has always had great demand from prospective tenants eager to be situated right in this immediate area and our one tenant has resided in 20 China Street since 2006. If that's not an indicator in great value and location, then the appreciation in property values in this pocket definitely is. Your tenants have the ability to enjoy all of life's pleasures right here. The owners are now looking at selling their assets after enjoying long term success of investments all over Townsville.

Unit 1 is achieving $265/weekly in periodic return and the tenant has occupied this property since 2006 and lives in comfort while the landlords enjoy her stay.
Unit 2 is achieving $230/weekly in fixed rent return and currently pending a rent increase this home certainly deserves. The tenant wishes to reside here for the foreseeable future.

Be Quick! The real numbers stack up well for cash flow and capital growth, we are receiving investment interest locally and out of state, if you wish to secure this purchase before it's too late, contact Sean 0448 448 163 now!

* 2 spacious bedrooms in both units
* Suitable bathrooms with large shower spaces in both units
* Open living, dining and kitchen areas in both units
* Upgraded kitchen with stunning bench tops, cabinetry and upgraded appliances
* Carports and secure parking for both units.
* Private yard for both units.
* Walking distance to great schools, Ross River walking paths and local supermarkets.
* A strategic plan in place for the future purchaser to maximise their investment during ownership and a possible future exit.

Be Quick! This is a great opportunity to secure, enquire now and secure your future with Sean on 0448 448 163!

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