6 Palara StreetCurrajong QLD 4812
Property Details for 6 Palara St, Currajong
6 Palara St, Currajong is a 8 bedroom, 1 bathroom Unit with 4 parking spaces. The property has a land size of 607m2.
Last Listing description (November 2015)
This block of units is a SOLID investment. Directly opposite this complex is Otto's fresh food market, public transport, convenience shopping, cafes and restaurants. Walking distance to Bayswater Road which will take you to any location in Townsville in moments. The location is wonderful and has suited the current long term tenants very well.
ALL OFFERS WILL BE PRESENTED TO THE OWNER !
This property was built approximately 30 years ago. During the life of the complex, two families different families have owned the homes as a solid investment. The second family purchased the property in 2003 and since this time, all units have experienced 100% occupancy. It is a rare phenomena ... But it is true ! One tenant moved into the property when they were brand new and has never moved out - and doesn't want to in the future either !
There is a carport and a storage room on the ground floor for each unit. There is ample additional parking for vehicles from guests or tenants. There is a communal back yard which every one enjoys.
FEATURES:
- NBN Installed and running
- Solid double brick
- Carpeted throughout
- 2X4 Bedrooms with air-conditioning
- Some renovations have been done in some units, however one tenant has requested his unit remain the same
- Returning a total of $940 per week - $47,840 a year
- Separate titles exist for each unit - however this complex will be sold to one property owner
The owners of this investment are looking to start their retirement years and move further south in Queensland. This sale of this property will enable them to do this. The owners have provided me with instructions bring all offers to purchase the property to them immediately. All offers to purchase will be considered. The agent is happy to provide you with all information available on the units including leases, rates, occupancy etc. Please call the agent any day of the week - The agent and her team are here to help.
Property History for 6 Palara St, Currajong, QLD 4812
- 15 Jul 2015Listed for Sale Offers over $650,000
Recent sales nearby
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About Currajong 4812
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 1,511 properties. Over the last 5 years, Houses in Currajong have seen a 123.45% increase in median value, while Units have seen a 111.27% increase. As at 28 February 2026:
- The median value for Houses in Currajong is $565,374 while the median value for Units is $449,983.
- Houses have a median rent of $500 while Units have a median rent of $390.
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