63-64 The Strand North Ward QLD 4810
Property Details for 63-64 The Strand, North Ward
63-64 The Strand, North Ward is a 0 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1687m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 0 bedroom Unit sold in North Ward in the last 12 months.
Last Listing description (January 2026)
This expansive 55-unit accommodation complex presents a remarkable investment opportunity, generating a robust net profit exceeding $600K annually, complemented by a substantial body corporate salary. The manager's residence is a well-appointed two-bedroom, two-bathroom unit, ensuring comfortable onsite living.
Townsvilles property market is experiencing significant growth, with experts predicting property prices to rise by 25-30% in 2025, making it one of Australias fastest-growing markets. This surge is driven by strong buyer demand, attractive affordability, and appealing lifestyle opportunities.
The regions tourism industry has also seen record-breaking growth, with a 22.7% increase in overnight visitors and a 10.3% rise in overnight visitor expenditure, totalling $1.2 billion. This uptick reflects the areas growing appeal as a must-visit destination.
Moreover, corporate travel is on the rise, with 67% of business travel professionals expressing optimism about the industrys outlook for 2025. This resurgence underscores the importance of in-person interactions and is expected to contribute to increased demand for quality accommodations.
Given these favourable trends, this property offers substantial upside potential, catering to both the booming drive accommodation sector and the returning corporate traveller. Acquiring this large-scale management rights business in such a thriving market promises a lucrative income and an enviable lifestyle.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
Property History for 63-64 The Strand, North Ward, QLD 4810
- 12 Jan 2026Listed for Sale $350,000
- 12 Jan 2026Sold
- 22 Aug 2023Listed for Sale $159,000
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About North Ward 4810
The size of North Ward is approximately 2.4 square kilometres. There are 8 parks, covering nearly 19.0% of the 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 3,960 properties. Over the last 5 years, Houses in North Ward have seen a 37.27% increase in median value, while Units have seen a 84.62% increase. As at 30 April 2026:
- The median value for Houses in North Ward is $953,595 while the median value for Units is $566,338.
- Houses have a median rent of $560 while Units have a median rent of $480.
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