Located within one of Townsville's most popular suburbs, this unique complex is loved by owner occupiers, tenants and investors. It's rare to find a property which ticks all of the boxes - low body corporate fees, high rental returns, dedicated on site manager and great amenities all in a premium position. This third level apartment has it all!

Fast Facts:
Bedrooms: 2
Bathrooms: 2
Car parks: 1 + visitor parking + lockable storage room
Current Rental Amount: $400
Strata rates: $5124.70/year approx.
Council rates: $3,200/year approx. including water allowance.
Net Yield: 4.47% (gross 7.46%)
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 are the major employment hubs such as the university, hospital and Army Barracks ensuring the demand from tenants remains high all year round.

Please call Steve Cox on 0400 708 996 if you have any questions or would like to book an inspection. After hours and weekend calls are welcome.


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