3 Warburton Street NNorth Ward QLD 4810
Property Details for 3 Warburton St N, North Ward
3 Warburton St N, North Ward is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 508m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (August 2022)
Located in the heart of North Ward and adjacent to the large Townsville Sports Reserve and bang across Townsville's iconic Castle Hill. North Ward as a suburb has always been Townsfolk's premier rental return suburb. Time has come for a lucky investor to purchase these well priced block of four two-bedroom units which are solid masonry constructed block units unlike the timber frame cladding units in the area. They are all rented and has never been a problem to do so because of its proximity to the Beach, the Shops/ Shopping Centre, Park, Townsville State & Townsville Grammar Schools and only down the road to the CBD. Situated on the main road to the City and the Airport this location is always popular with the high demand rental market. Currently returning over $40,560 per annum these units are not only excellent earners - they also have excellent potential to be strata-titled.
Recently the owner upgraded Unit 2 and as a result that unit has rented a $220 pw rent and the others certainly could be done with a similar refurbishment and the potential returns could get much higher. With each unit demanding a competitive rental price-tag, this investment is perfectly positioned for 100% tenancy, even in unpredictable economic climates.
Why invest now:
Economy-proof investment with good returns.
Tenanted property all throughout the year
Great for strata titling
New roof replaced in 2016
High demand area and price range for rentals
Units can be upgraded for higher rent
Suit Investors looking for a good revenue stream
Positioned in fantastic location, these units will always be in high demand, regardless of economic doom and gloom, people will always be on the hunt for their modest little piece of paradise close to City and near the beach. With the large ground in front and views of Castle Hill this is a fantastic investment to consider.
This is a wise investor's opportunity to secure their future in a property with enormous potential to modernise, upgrade and get higher yield. To view please do not hesitate to call Girish Menon on 0414 985 243 or email girish.menon@elderstsv.com.au
Property History for 3 Warburton St N, North Ward, QLD 4810
- 19 Apr 2021Sold for $490,000
- 10 Oct 2020Listed for Sale $550,000
- 27 Aug 2016Sold for $395,000
Recent sales nearby
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0About North Ward 4810
The size of North Ward is approximately 2.4 square kilometres. It has 8 parks covering nearly 19.0% of total area. The population of North Ward in 2016 was 5065 people. By 2021 the population was 5073 showing a population growth of 0.2% in the area during that time. The predominant age group in North Ward is 20-29 years. Households in North Ward are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Ward work in a professional occupation.In 2021, 40.20% of the homes in North Ward were owner-occupied compared with 35.20% in 2016.
North Ward has 3,950 properties. Over the last 5 years, Houses in North Ward have seen a 26.37% increase in median value, while Units have seen a 86.86% increase. As at 31 January 2026:
- The median value for Houses in North Ward is $856,846 while the median value for Units is $560,387.
- Houses have a median rent of $500 while Units have a median rent of $470.
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