Description
This generous 4-bedroom/granny flat and 2 bath and well-equipped family home is located in the quiet, leafy suburb of Riverside Gardens, Douglas, within walking distance to the Townsville Hospital, James Cook University and a short drive to Stockland Plaza and schools.
This fully airconditioned, fanned and screened home is both a very convenient and perfect lifestyle home for families or investors with room to expand, boasting a spacious, stand-alone granny flat and two self-contained bathrooms. The quality tiles throughout, with louvers and windows well located to capture breezes, creates a well ventilated and cool home that is very liveable for the tropics.
This private, low-maintenance house features well established gardens and tall, privacy fencing all around in a quiet culd-e-sac, away from the highway. Its uniquely located in the older part of Riverside Gardens, with the walking tracks along the beautiful Ross River only a short stroll away, and boasts a large block close to the Riverside community centre, parks, free tennis court, also providing a close exit to the university and hospital by either car, bike or foot.
As the house is situated in an ideal location for students, workers and families and would make a perfect home for a family, first home buyers or someone looking to invest, it has been rented successfully over the past 5 years. The house has a huge rental yield of over 10% per annum under a single lease (even during COVID19) and has averaged more than 9% yields over the past 5 years. This is a fabulous investment property being so close to the university and hospital. This provides a great safety net for owner occupiers and ensures long-term value in the home.
The House:
This fully airconditioned, fanned and screened home is both a very convenient and perfect lifestyle home for families or investors with room to expand, boasting a spacious, stand-alone granny flat and two self-contained bathrooms. The quality tiles throughout, with louvers and windows well located to capture breezes, creates a well ventilated and cool home that is very liveable for the tropics.
This private, low-maintenance house features well established gardens and tall, privacy fencing all around in a quiet culd-e-sac, away from the highway. Its uniquely located in the older part of Riverside Gardens, with the walking tracks along the beautiful Ross River only a short stroll away, and boasts a large block close to the Riverside community centre, parks, free tennis court, also providing a close exit to the university and hospital by either car, bike or foot.
As the house is situated in an ideal location for students, workers and families and would make a perfect home for a family, first home buyers or someone looking to invest, it has been rented successfully over the past 5 years. The house has a huge rental yield of over 10% per annum under a single lease (even during COVID19) and has averaged more than 9% yields over the past 5 years. This is a fabulous investment property being so close to the university and hospital. This provides a great safety net for owner occupiers and ensures long-term value in the home.
The House: