2 John StreetWest End QLD 4810
Property Details for 2 John St, West End
2 John St, West End is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 1029m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (February 2025)
Nestled in the heart of the vibrant West End suburb, this remarkable 1,029sqm allotment presents an exceptional opportunity for astute investors and developers alike. Boasting a highly sought-after location, residents will enjoy unparalleled convenience with easy access to a myriad of amenities, including Castletown Shopping Centre, esteemed educational institutions, charming cafes, renowned hospitals, and the bustling CBD, ensuring a lifestyle of utmost convenience for even the busiest of individuals.
Current Property Features:
Gracing this expansive allotment are two well-appointed 2-bedroom units, each exuding convenience and functionality. Featuring airy open-plan living spaces complemented by neutral finishes and air conditioning, these units offer a comfortable retreat for occupants. With one bathroom per unit, carports for convenient parking, and fenced courtyards providing a private outdoor space, these residences epitomize both comfort and practicality. Currently yielding a rental income of $32,240 per year, with manageable rates averaging approximately $7,000 annually, this property presents a solid investment opportunity.
Development Potential:
Beyond its existing features, this property unveils three compelling options to ignite your imagination and unlock its full potential:
Option 1: Retain and Renovate
Embrace the opportunity to enhance the existing units by undertaking minimal renovations, breathing new life into these residences with the option of sub dividing the units and selling individually and furthermore, selling the rear allotment as a hatchet block.
Option 2: Exercise Existing DA
Additionally, capitalise on the existing Development Approval (DA) to introduce two stylish 2-storey townhouses at the rear of the allotment, further maximizing its potential.
Townsville's Prosperous Outlook:
This property is strategically positioned within a dynamic locale poised for further growth and development. With a plethora of major projects underway, including the Great Barrier Reef Aquarium Redevelopment, Townsville Airport Redevelopment, ARDO Hotel completion, Museum of Underwater Art (MOUA), CopperString 2032, Defence Expansion, Townsville University Hospital Expansion, Vandium Flow Batteries Project, Port Expansion and more, the future prospects are nothing short of promising.
Don't miss the chance to secure this exceptional property offering a blend of immediate rental income and boundless development potential.
For further details or to arrange a private inspection, contact Gavin Micola today on 0407 159 314.
Property History for 2 John St, West End, QLD 4810
- 11 Dec 2024Sold for $685,000
- 05 Sep 2024Listed for Sale Not Disclosed
- 18 Jul 2022Sold for $467,500
Recent sales nearby
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0About West End 4810
The size of West End is approximately 3.1 square kilometres. It has 13 parks covering nearly 17.0% of total area. The population of West End in 2016 was 4064 people. By 2021 the population was 3891 showing a population decline of 4.3% in the area during that time. The predominant age group in West End is 30-39 years. Households in West End are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West End work in a professional occupation.In 2021, 46.00% of the homes in West End were owner-occupied compared with 45.60% in 2016.
West End has 2,618 properties. Over the last 5 years, Houses in West End have seen a 92.34% increase in median value, while Units have seen a 117.04% increase. As at 30 November 2025:
- The median value for Houses in West End is $602,105 while the median value for Units is $433,592.
- Houses have a median rent of $490 while Units have a median rent of $400.
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