6 Snelham StreetRosslea QLD 4812
Property Details for 6 Snelham St, Rosslea
6 Snelham St, Rosslea is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (February 2024)
This block of 4 very low maintenance units is a rare opportunity for investors looking in Townsville. The potential is endless with this solid block and most of the work done for you with recent renovations taken place. 10 minutes to the CBD, The Strand and Queensland Country Bank stadium and a short drive to Rising Sun Plaza & Ottos Market Precinct, this location boasts convenience which potential tenants will are going to love.
Super low maintenance, the complex offers 4 identical, 2 bedroom, 1 bathroom, 1 car renovated flats, which boast air conditioning, security screens with functional kitchens, good sized living areas and plenty of storage. There are front and rear porches accomodating to each unit and the block/common area is grassed and low maintenance.
Directly across from a gorgeous park and river, the walking tracks are endless, your tenants will be at home in no time.
- 4 steady rental incomes currently sitting at 7.6% gross return (see below).
- Currently on the one title, therefore NO body corporate
- Potential for strata titling or development subject to council approval
- Council Rates: $11,924 per year
Current Lease Agreements:
Unit 1 - $290p/w
Unit 2 - $290p/w
Unit 3 - $290p/w
Unit 4 - $320p/w
Current weekly Return - $1,140
Current Yearly Return - $59,280
Call Suzy Spilsbury on 0418 885 414 to arrange an inspection.
Property History for 6 Snelham St, Rosslea, QLD 4812
- 10 Jan 2024Sold for $765,000
- 07 Dec 2023Listed for Rent $360 / week
- 14 Oct 2022Sold for $760,000
Recent sales nearby
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0About Rosslea 4812
The size of Rosslea is approximately 1.7 square kilometres. There are 3 parks, covering nearly 51.3% of the total area. The population of Rosslea in 2016 was 1732 people. By 2021 the population was 1903 showing a population growth of 9.9% in the area during that time. The predominant age group in Rosslea is 20-29 years. Households in Rosslea are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosslea work in a professional occupation.In 2021, 40.90% of the homes in Rosslea were owner-occupied compared with 37.40% in 2016.
Rosslea has 1,337 properties. Over the last 5 years, Houses in Rosslea have seen a 114.33% increase in median value, while Units have seen a 134.14% increase. As at 31 May 2026:
- The median value for Houses in Rosslea is $747,027 while the median value for Units is $438,932.
- Houses have a median rent of $550 while Units have a median rent of $430.
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