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14 Evans Street, Belgian Gardens.

8
4
4
Buyers $1,487,000

Fantastic Investment Opportunity in Belgian Gardens – A Block of Four Units

If you're looking for a smart investment with long-term growth potential, this block of four well-maintained units in the highly sought-after Belgian Gardens suburb offers just that. Whether you're a seasoned investor or a first-time buyer looking to expand your property portfolio, this opportunity is hard to ignore. Why Belgian Gardens? Belgian Gardens is one of Townsville's most desirable suburbs, offering residents easy access to the best the city has to offer. This property is located just a short walk from Castle Hill, the Strand, and the beautiful Pallarenda Beach – perfect for those who appreciate a mix of urban convenience and coastal living. The location alone ensures strong demand for rentals and long-term value appreciation. Investment Highlights • No Body Corporate Fees: One of the standout features of this property is the absence of body corporate fees, making it a low-maintenance and cost-effective investment. • Steady Rental Income: The four units are currently tenanted, providing a combined weekly rental income of $1,545. With leases in place and room for potential rent increases, this property promises strong returns and long-term stability. • Low-Maintenance Block: Set on a 1,012m² block, this property requires minimal upkeep. With only one insurance policy covering the entire complex, your costs remain manageable. • The property did not flood in the Townsville 2019 floods. Unit Features Each unit in this block is designed with modern comfort and convenience in mind: • Two bedrooms with built-in robes • Fully air-conditioned and tiled throughout • Modern kitchens and bathrooms with upgraded appliances • Dedicated carports for each unit Current Rental Income Breakdown • Unit 1: $430.00 per week (Lease until 31/08/2025) • Unit 2: $370.00 per week (Lease until 10/05/2025) • Unit 3: $305.00 per week (Lease until 07/05/2025) • Unit 4: $440.00 per week (Lease until 17/01/2026) With tenants in place and a total income of $1,545.00 per week, the property offers immediate cash flow. Plus, with the potential for rent increases over time, it's an investment that can grow with the market. Prime Location and Excellent Amenities Aside from being close to beaches and scenic spots like Castle Hill, this property is also just a short drive from schools, shops, and public transport, offering convenience for tenants and ensuring strong demand. Don't Miss Out With strong rental returns, no body corporate fees, and a prime location, this property represents a rare opportunity in today's market. Properties like this don't last long, so don't wait too long to make your move. As the saying goes, "You snooze, you lose!" For more information or to schedule a viewing, contact Doreen Charity at 0414 691 666. Disclaimer: Some photographs, virtual furniture, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions

Real Estate Agent
Property information
Property ID
222P526365
Property type
Block Of Units
Land size
1012.0 sqm

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Thank you for your interest in 14 Evans Street, Belgian Gardens QLD 4810. To receive a copy of the contract via email, please fill in your details below.

 
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