3/48 Caroline St, Aitkenvale is a 9 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 9 bedroom House sold in Aitkenvale in the last 12 months.
Rarely does an investment opportunity like this come to market-three quality homes on one title, positioned in the sought-after suburb of Aitkenvale, just a short stroll from Stockland Shopping Centre and all major amenities.Sitting proudly on a single block, this well-designed property includes: A renovated duplex, featuring two spacious 3-bedroom units, each tastefully updated to meet modern standards. With separate fencing and individual access, each unit offers privacy and independent living-perfect for long-term tenants or multi-generational living. A newer 3-bedroom standalone home, built by reputable local builder AP Williams, positioned at the rear of the block. This well-appointed home includes a single garage, a double carport with extra storage, and a thoughtful floorplan designed for easy, low-maintenance living.All three dwellings are currently leased with new tenancy agreements, providing immediate rental return and security for the savvy investor.Key Features: 1 block, 1 title - triple income stream Two fully renovated 3-bedroom duplex units One modern 3-bedroom home by AP Williams Fully fenced, separately metered and private Secure parking including garage, double carport & storage Walking distance to Stockland Shopping Centre, Kmart, major retailers, public transport, schools and James Cook University Strong rental history and newly signed leases Prime location in central Townsville, with high rental demandThe property is being offered on 1 title - so no body corporate & insurance issues hereINSURANCE - building $1780.95, landlord unit 1- $157.19, unit 2-$157.19, Unit 3- $155.37 (Total- $2250.70)RATES - $5190.11 per last 6 months12 month lease agreements for $1310 PER WEEKUnit 1- $420/week till 7/5/26, Unit 2- $420/week till 30/1/26, Unit 3- $470/week till 13/4/26Whether you're looking to expand your investment portfolio or secure a high-yield property in a central location, 48 Caroline Street delivers on space, quality, and consistent returns.A rare opportunity-act quickly to secure this exceptional triple-income property.Please call us for a Private InspectionProudly brought to the market by JULIE GODDARDPlease call 7 days on 0421 016 52
The size of Aitkenvale is approximately 3.3 square kilometres. It has 8 parks covering nearly 15.5% of total area. The population of Aitkenvale in 2016 was 4790 people. By 2021 the population was 4797 showing a population growth of 0.2% in the area during that time. The predominant age group in Aitkenvale is 20-29 years. Households in Aitkenvale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Aitkenvale work in a professional occupation.In 2021, 52.50% of the homes in Aitkenvale were owner-occupied compared with 51.80% in 2016.
Aitkenvale has 2,534 properties. Over the last 5 years, Houses in Aitkenvale have seen a 103.62% increase in median value, while Units have seen a 144.67% increase. As at 31 December 2025:
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