49 Punari St, Currajong is a 9 bedroom, 4 bathroom Unit with 5 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
SOLD By Giovanni Spinella & Jabyn Manning
Ray White Townsville proudly introduces 49 Punari Street, a remarkable investment opportunity nestled centrally in Currajong. This enticing property comprises a set of four units, all tenanted and conveniently on only one title, eliminating the burden of pesky body corporate fees!
Within this impressive set of units, the top unit takes centre stage as a refurnished, three-bedroom residence, complete with one bathroom and a thoughtfully designed layout maximising liveability. The remaining units within the block all feature a practical, two-bedroom, one bathroom configuration, catering to a wide range of tenants needs. These units are well maintained, ensuring a consistent rental income, and minimizing any potential vacancies.
Strategically positioned, this property offers an exceptional location that further amplifies its potential. Within walking distance lies the renowned Otto's Market Precinct, where residents can indulge in the convenience of fresh local produced, gourmet delights, and a vibrant community atmosphere. In addition, the proximity of Domain Central and Castletown Shopping Centre are both less than 5-minutes away, providing an abundance of retail therapy and entertainment options for tenants to enjoy. The Townsville CBD is only 10 minutes away by car, and for the rest of what Townsville has to offer, proximity and access to public transport is plentiful.
Investors will appreciate the allure of this property, as it combines excellent rental yields and the promise of steady, capital growth. With a prime location, a well-maintained block of tenanted units, and the added advantage of being on one title, 49 Punari Street presents an enticing opportunity to secure a valuable asset in the thriving real estate market. Don't miss out on this chance to take advantage of the investment potential that awaits. Contact Giovanni or Jabyn today to find out more and book your private inspection!
*Combined Rental Returns of $1,195.00 Weekly, of $62,140.00 Annually
*Council Rates Inc Water Approximately $11,000 Per Annum
*Units on ONE Title, So No Body Corporate Fees
*3D Virtual Tour for Units 1, 2 & 4 Available Upon Request
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
The size of Currajong is approximately 2.1 square kilometres. It has 6 parks covering nearly 10.4% of total area. The population of Currajong in 2016 was 2548 people. By 2021 the population was 2490 showing a population decline of 2.3% in the area during that time. The predominant age group in Currajong is 30-39 years. Households in Currajong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Currajong work in a professional occupation.In 2021, 62.50% of the homes in Currajong were owner-occupied compared with 60.90% in 2016.
Currajong has 1,507 properties. Over the last 5 years, Houses in Currajong have seen a 113.47% increase in median value, while Units have seen a 85.50% increase. As at 30 November 2025:
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