6 Hodel Street

Rosslea QLD 4812

Don't miss this excellent opportunity to invest in four solid units on a spacious 809sqm corner block in a central location. Each unit features two bedrooms and one bathroom, refurbished in recent years with modern features and stylish tiling throughout the living areas. All units are fully air-conditioned and include modern kitchens with electric ovens, range hoods, and double sinks. The bathrooms are tiled from floor to ceiling and feature walk-in showers and separate toilets. Each unit also has its own private laundry and undercover car parking. The bedrooms are a great size and are equipped with ceiling fans and air conditioning, ensuring comfort for tenants. All four units are occupied providing a steady income stream for investors. With a gross rent return over 7.6%, this property is a standout investment in Townsville's growing rental market. This is a rare chance to secure a high-performing investment property in a sought-after location! - One title, therefore NO body corporate!- FOUR renovated 2 bed 1 bath units - Solid brick and masonry block build - 4 steady rental incomes - Approx. 5.9% Net return! - Each unit features modern kitchens with electric ovens - Modern bathrooms with walk in shower, vanity and separate toilet- Each unit with private laundry - Fenced backyards - Each unit has individual carport for parking Council Rates (Includes water): Approx. $6000 per half year LEASE AGREEMENTS: UNIT 1 - $365 p/w Lease: 29.11.2024 - 01.12.2025 UNIT 2 - $350 p/w Lease: 14.03.25 - 15.09.2025 UNIT 3 - $365 p/w NEW Lease: 08.04.25 - 09.04.2026 (Currently $350 p/w until 7.04.25) UNIT 4 - $365 p/w Lease: 18.10.2024 - 20.10.2025 YEARLY RENT RETURN: $75,140Opportunities like this don't come along often and with accommodation in HOT DEMAND in Townsville, this property will not last long! Act quickly to make this profitable property yours!