5306/10 Kokoda Street, Idalia

Apartment
  • 2
  • 2
  • 1
sqm
Riverside, Pet Friendly Complex with Great Returns!
Live in or Invest in this great riverside opportunity! With low body corporate fees, high rental returns, dedicated on site manager, great amenities and a premium position along the river close to major employment hubs such as the university, hospital and Army Barracks, this property represents a great opportunity for the astute investor or home buyer.

Fast Facts:
Bedrooms: 2
Bathrooms: 2
Car parks: 1 + visitor parking + lockable storage room
Rental Appraisal per week: $380
Council rates per year: $3,200 approx. including water
Body Corporate per year: $5124.71 approx.
Net Yield: 4.47% (gross 7.08%)
This unit was not affected by the 2019 flood event.

This well finished two-bedroom, two-bathroom unit is sure to impress. Stone bench tops, quality split system air-conditioning and neutral tones throughout contribute to this quality, low maintenance property. Floor to ceiling glass doors lead out onto the private balcony, overlooking the resort-style pool which invites the breezes in all year. A dedicated undercover car park, plus heaps of visitor parking and a storage room are all protected by high security gates.

Springbank Urban Village is the only complex in Townsville designed from the ground up to cater for pet owners, even having its own off-leash dog park. Acres of grassed areas and gardens throughout the complex are kept manicured, and include multiple BBQ areas, workout facilities and a huge pool. The vacancy rate reflects the thought that has gone into this property, often having applications on units before they're even empty, leading to an extremely low vacancy rate.

Just across the road is The Precinct; a brilliant combination of take-away, restaurants and even an Otto's fresh food market. This unit is 5 minutes' drive to the ever-growing Fairfield Shopping Centre, which has everything from K-Mart, to Bunnings and Zarraffas. Within ten minutes' drive is the Army barracks, hospital and university, ensuring a constant demand from tenants in these fields.

All facts and figures given here are provided to the best of our knowledge, however all buyers should make their own enquiries to confirm.
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