25 Elbridge Bend, Mount Louisa is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 680m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
INVESTORS PLEASE NOTE:
This property currently participates in the NRAS scheme and provides current income tested tenants with a reduced weekly rental cost. The NRAS agreement expires on 11/06/2024. In exchange, the government provides the property owner with lucrative financial incentives that may provide a higher annual rental yield for a fixed period of years. Conditions apply; please contact Terry Cochrane for further details on this exclusive investment opportunity.
The Townsville property market is on the boil at present, with big buyer activity/ demand from owner occupiers & investors.
Investors can buy & choose to stay in the NRAS scheme with still another three years of benefits on offer, or once the NRAS agreement & the tenants lease has expired the two units can be rented out at a much higher rent return in the open rental market. The two current tenants are well established & treat the property like their own & both units are kept in immaculate condition.
Both units offer two good size air-conditioned bedrooms &
feature built-in robes & fans. Both of the main bedrooms
also have sliding door access to outside
Open plan, split air-conditioned tiled living/ dining, lounge
area
The kitchen/s have ample overhead cupboards & bench
space & features electric oven/ gas cook top/ dishwasher/
microwave cavity & brekkie bench
Both of the units bathrooms feature a shower & separate
bathtub
Two sliding door linen closet, separate laundry & separate
toilet. Full security screens through-out
Covered tiled patio. You also have a grassed section of
yard as well. The property sits on a generous 680m2 block
Each unit features a single auto lock up garage for added
security
For more information or to arrange a viewing please call Terry Cochrane at a time that suits. Please be aware we have to give the tenants at least 24 hours notice for entry.
The size of Mount Louisa is approximately 10.2 square kilometres. It has 10 parks covering nearly 4.3% of total area. The population of Mount Louisa in 2016 was 8825 people. By 2021 the population was 9227 showing a population growth of 4.6% in the area during that time. The predominant age group in Mount Louisa is 30-39 years. Households in Mount Louisa are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Louisa work in a professional occupation.In 2021, 64.80% of the homes in Mount Louisa were owner-occupied compared with 62.00% in 2016.
Mount Louisa has 3,979 properties. Over the last 5 years, Houses in Mount Louisa have seen a 82.92% increase in median value, while Units have seen a 156.44% increase. As at 30 November 2025:
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