19 Outcrop Rise, Cosgrove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 621m2 and floor size of 109m2.
Have you been looking for a set and forget investment opportunity? How about a property that allows you to live in one side and earn a solid income from the other side? Whatever your desire, this property at 19 Outcrop Rise, Cosgrove is one you need to acquire.
The duplex is strata titled making it possible to sell one in the future without the added expense. The floorplan of the units offers a great design which maximises space, security, and privacy and is nicely tucked away in a quiet pocket of Cosgrove Estate making it highly desirable for future tenants.
Each Unit Features:
Unit 1 has just been rented for $400 per week on a 12-month lease and Unit 2 is currently rented for $340 per week until 15.07.2022 to great tenants.
Conveniently located only minutes to popular schools and shops and approximately 12 minutes to the Townsville CBD.
Investors, capitalise on the high rents and very low vacancy rates in Townsville. This property is seven years old and showing great returns making it the perfect set and forget investment property.
For further information or to arrange an inspection, please contact Adrian Raiteri on 0427 673 612
The size of Cosgrove is approximately 3.6 square kilometres. There is 1 park, covering nearly 0.2% of the total area. The population of Cosgrove in 2016 was 285 people. By 2021 the population was 665 showing a population growth of 133.3% in the area during that time. The predominant age group in Cosgrove is 20-29 years. Households in Cosgrove are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cosgrove work in a community and personal service occupation.In 2021, 39.60% of the homes in Cosgrove were owner-occupied compared with 31.80% in 2016.
Cosgrove has 513 properties. Over the last 5 years, Houses in Cosgrove have seen a 100.27% increase in median value, while Units have seen a 148.23% increase. As at 31 July 2026:
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