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SOLD

14 Evans Street, Belgian Gardens.

8
4
4
$1,490,000

SOLD by Doreen Charity of Belle Property Townsville

Walk to The Strand – Blue-Chip Belgian Gardens Block Returning $91K+ p.a. If you're seeking a smart, secure investment with exceptional long-term growth potential, this meticulously maintained block of four units in the sought-after suburb of Belgian Gardens is a standout choice. Whether you're an experienced investor or looking to kickstart your portfolio, this opportunity is not to be missed. Pride of Ownership Shows The current owner has kept each unit in tip-top condition, ensuring they're not only appealing to tenants but also low-maintenance for the next investor. With nothing left to do, you can enjoy a seamless, income-generating asset from day one. Why Belgian Gardens? Belgian Gardens is one of Townsville's most desirable coastal suburbs, offering a lifestyle mix of urban convenience and relaxed seaside charm. Within walking distance to Castle Hill, The Strand, and Pallarenda Beach, the location ensures continued rental appeal and long-term capital growth. Investment Highlights • No Body Corporate Fees – Keep your overheads low with no shared strata costs. • Excellent Rental Return – Currently returning $1,750 per week, with tenants in place and long lease terms. • Prime 1,012m² Allotment – Spacious, low-maintenance block with just one insurance policy covering all units. • Flood-Free – The property remained high and dry during the 2019 Townsville floods. Each Unit Features: • Two generous bedrooms with built-in wardrobes • Fully air-conditioned and tiled throughout for easy upkeep • Modern kitchens and bathrooms with upgraded appliances • Individual carports for each unit • Well cared for – maintained to an impeccable standard Current Tenancy Details: • Unit 1 – $430/week (Lease to 31/08/2025) • Unit 2 – $430/week (Lease to 28/05/2026) • Unit 3 – $450/week (Lease to 13/05/2026) • Unit 4 – $440/week (Lease to 17/01/2026) Total Weekly Income: $1,750 Strong leases and quality tenants ensure immediate cash flow, with future potential to increase returns in line with the market. Unbeatable Location Just minutes from schools, local shops, cafes, and public transport, this central yet serene location guarantees ongoing tenant demand and lifestyle appeal. Opportunities Like This Are Rare With no body corporate, strong returns, long-term tenants, and impeccable upkeep, this is one of the best value investments on the market right now. You know that old saying – if you snooze, you lose! Contact Doreen Charity on 0414 691 666 Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Photographs, virtual furniture, and floor plans are for illustrative purposes only and may vary from the final product.

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