37 Bayswater Tce, Hyde Park is a 2 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 810m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
An amazing investment opportunity does not come around this often. Set in one of the best locations in town, central to everything you could possibly need making it an easy choice for your tenants. Only minutes from Castletown Shopping Centre and surrounding businesses, an array of Medical Centres, The Mater Hospital, Queensland X-ray and Pimlico High School all walking distance from home. Townsville CBD and The Strand is only approximately 4 kilometres away offering an easy commute for the young professional. Each unit is currently tenanted on secure leases at a total of $970 per week. A solid group of tenants with some long term.
The improvements which have been completed are:
Unit 1 - New bathroom including floor, wall tiles, vanity. Full internal repaint with modern colours, New floor tiles throughout, blinds and most fixtures and fittings.
Unit 2 - New vinyl plank floors to living areas, new carpets to bedrooms, new kitchen, full repaint, new vanity in the bathroom.
Unit 3 - Full repaint internally, bathroom updated with new vanity, wall tiles, blinds and fixtures.
Unit 4 - New kitchen including new cooktop and oven, repaint to bedrooms and hallway, blinds and some fixtures updates.
Further upgrades which the owners have invested in to make the property an easy investment is all new hot water systems, secure cage area for storage, fully upgraded switchboards and separate power per unit for the laundry area. New 6 foot fence to right-hand side and new fencing to the two lower units to provide secure exclusive courtyards. All units have split system ac to main bedrooms.
Each unit has an undercover sealed concrete parking space provided to the rear of the property. NBN to the premises is also installed to the units.
If you have an eye for potential and growth, then you cannot miss this fantastic opportunity. Book your personal tour today!
The size of Hyde Park is approximately 1.2 square kilometres. It has 4 parks covering nearly 6.3% of total area. The population of Hyde Park in 2016 was 1387 people. By 2021 the population was 1374 showing a population decline of 0.9% in the area during that time. The predominant age group in Hyde Park is 20-29 years. Households in Hyde Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hyde Park work in a professional occupation.In 2021, 46.40% of the homes in Hyde Park were owner-occupied compared with 49.30% in 2016.
Hyde Park has 940 properties. Over the last 5 years, Houses in Hyde Park have seen a 99.67% increase in median value, while Units have seen a 133.86% increase. As at 31 March 2026:
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