7/14 Morehead Street
South Townsville QLD 4810
- 2 Bed
- 2 Bath
- 1 Park
Offers over $340,000
Smart investment close to Townsville City with great rental yeilds
Unit 7, 14 Morehead Street, South TownsvilleWelcome to this upstairs two-bedroom unit with pool located at 14 Morehead Street, South Townsville, currently rented and offering an exceptional opportunity for savvy investors with rent currently at $400 pw, this opportunity presents a yield at 6.11%.
Key Features:
Under a rental contract until 13 June 2025 and leased at $400 per week.
Flowing on from the kitchen, this 80 sqm unit with 11 sqm balcony offers compact but surprisingly spacious Open-Plan Living & Dining Area: Enjoy a large, tiled balcony space, perfect for relaxation and entertainment.
Private Balcony: A large balcony off the living area offers a tranquil space to unwind, with room for outdoor furniture to enjoy the outdoors.
Functional Kitchen: The kitchen overlooks the living area, perfect for entertaining your guests while preparing meals.
Comfortable Bedrooms: Both bedrooms are well-designed with built-in cupboards, ceiling fans, air conditioning, ensuring year-round comfort with an ensuite and extra closet in the main.
Undercover Carport: The unit comes with an undercover car park in a secure complex with remote gate, with additional storage locker behind the car park.
Prime Location: Just minutes from the CBD, restaurants, and schools, with easy access to the Magnetic Island Barge.
Additional Information:
Rental Estimate: $400 per week currently with tenants occupying. Appraised at $380-$420
Rent was last increased 14/06/2024. Lease expires 14/06/2025
Body Corporate Fees: Approx. $5281 Per Year paid in Quarterly instalments of approx. $1320 every 3 months.
Rates approx. $1783 per half year
Whether you're an investor looking for a low-maintenance property with strong rental potential, or a first home buyer, this unit ticks all the boxes.
Unit 7, 14 Morehead Street, South Townsville is a great addition to your investment portfolio or a chance to secure a low priced unit for you to move into at the end of the lease in June.
Don't miss the chance to secure this great opportunity. Proudly presented to the market by Stephen Lane and Lianne Scott at Elders Real Estate Townsville
Features
General Features
- Property Type: Unit
- Bedrooms: 2
- Bathrooms: 2
- Building Size: 80sqm
Indoor Features
- Toilets: 2
- Airconditioning
- Built In Wardrobe
- Ensuite Bathroom
Outdoor Features
- Carports: 1
- Secure Parking
- Balcony
- Shed
Other Features
- Car Parking - Surface
- Close to Shops
- Close to Transport
- Pool
Can I afford 7/14 Morehead Street?
With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.
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Elders Smith and Elliott Townsville
Enquire about 7/14 Morehead Street, South Townsville, QLD, 4810