Property Details: • Type: Block of Units
• Bedrooms: 5 • Bathrooms: 3
Description: 6.36% Gross Yield | $57,200 p.a. Income | Two Tenancies on Fixed Term Leases Investors searching for a genuine set-and-forget asset, look no further. 3 Planet Place, Aitkenvale presents a rare dual-occupancy opportunity delivering strong income from two separately tenanted dwellings - both on fixed-term leases through to November - on a single freehold title. With current combined rents of $1,100 per week and a current gross yield of approximately 6.36% ($57,200 per annum), the numbers speak for themselves. The Investment at a Glance - Unit 1 - 2 bed | 1 bath | 1 car: $500/week fixed term to November - Unit 2 - 3 bed | 2 bath | 1 car: $600/week fixed term to November - Combined rental income: $1,100/week | $57,200 per annum - Current gross yield: ~6.36% - Independent front-door access for Unit 1 - complete tenant autonomy - Pre-market building and pest report completed - full transparency provided - Future potential yield of 6.7% at $60,000+ per annum Full Transparency - Priced Accordingly A pre-market building and pest inspection has been completed and is available to qualified buyers. The report identified that the roof requires replacement, with a quote of approximately $57,000 obtained from a local, reputable contractor. This cost has been fully factored into the pricing of the property - what you see is what you get. No surprises, no renegotiations. Unit 2 - Main Residence (3 Bed | 2 Bath | 1 Car) The rear main dwelling is a generously proportioned home delivering genuine liveability and rental appeal. Tastefully updated throughout, it offers: • Three spacious bedrooms, all with built-in robes • Two modern bathrooms - master with ensuite featuring stylish green feature tiles and a vessel basin • Great kitchen with marble-look stone benchtops, sage green cabinetry, island breakfast bar and stainless steel dishwasher • Expansive open-plan living and dining with fresh timber-look flooring and split-system air conditioning • Covered rear patio overlooking a large, fully fenced grassed backyard - great for families • Generous internal laundry • Single lockup carport Unit 1 - Self-Contained Front Unit (2 Bed | 1 Bath | 1 Car) With its own street-facing entry, the front unit operates with complete independence from the main home - a key drawcard for tenants and a structural advantage for the investor: • Two large bedrooms with built-in robes and split-system air conditioning • Bright, well-appointed bathroom with rainfall shower and timber vanity • Enormous open-plan lounge and dining area - light-filled and inviting • Functional kitchen with stone benchtops and full appliance provision • Internal laundry - fully self-sufficient • Private entry from the street - complete tenant privacy and autonomy • Single carport Location - Aitkenvale, Townsville Aitkenvale is an established, centrally located suburb with strong and consistent tenant demand. Positioned minutes from Townsville CBD, Lavarack Barracks, major shopping, schools, medical precincts and public transport, this address enjoys the kind of convenience that keeps vacancy low and quality tenants long-term. Dual income. Fixed leases. Transparent pricing. Opportunities like this are rare - especially with the hard work already done for you. Contact us today to request the full building and pest report. Information: Townsville Council Rates: Approx $4,000 per half year All information (including but not limited to the property area, floor size, price, address and general property description) on online advertising is provided as a convenience to you, and has been provided to Whaites + Co by third parties.
