UNIT 66/86-124 OGDEN STREET, Townsville City, Qld 4810

Nest or Invest for exceptional returns. Contact us now to inspect....

$399,900 - $439,000

Description

To enquire, please email or call 1300 815 051 and enter code 4209

What a terrific place to live or invest in Townsville, with no lawn to mow, trees to trim, roof to paint, or cleaning the spa & lap pool for that matter, because it's all done by the body corporate, as is the full sized rooftop tennis court, horizon views gymnasium & outdoor BBQ dining area. Resort living in a central CBD location, that's 66/86-124 Ogden Street, Townsville City, can be purchased fully furnished so you can just move straight in, or just rent it furnished for greater returns. The newly renovated award winning Cowboys Rugby Leagues club is only 150m away, with City Lane dining precinct and SunBus public transport hub even closer. Stroll 500m across Victoria Bridge and you are in the heart of the Palmer Street restaurants & bars. 500m in the other direction sees the new North Queensland Stadium. The popular Castle Hill-side Goat Track/s, and the Strand beachfront walkways are also nearby for those wishing to exercise in nature.

This 101m2, 18th level, air-conditioned & nicely furnished 3 bedroom deluxe suite with elevator access is at the very top-end corner of the building, with only one adjoining neighbour, which makes it a discrete & quiet place to reside, holiday or work from with super Fast Fibre-to-the Premises NBN internet. All of the building's lifestyle & recreational amenities such as rooftop tennis court, gym, pool, barbeque & dining area are just a few steps away on the next level up.

This solidly built 92 unit apartment complex was built into the upper levels of this multi-story CBD carpark just over 20 years ago and remains structurally sound to this day. Situated at the north western end corner of the complex, this apartment is not vulnerable to the debilitating effects of extreme windy and wet weather, which typically comes from the opposite south eastern coast, affecting those on the pricier river side. This apartment has in recent years consistently acheived higher than average rental returns in excess of $650 - $900/week, with 90% occupancy, when marketed & managed competently. Whilst $higher than those of similar southern capital city properties, outgoing strata costs include body corporate sinking fund & administration fees (approx $2,450 per 1/4 year), and council rates (approx $1,650 per 1/2 year), which are about the average standard for similar such north Queensland top level, sub-penthouse, 3 Bedroom, 2 Bathroom, full equipped compact Laundry, 2 CARPARK, 2 PATIO + STOREROOM, coastal CBD strata properties offering such rich lifestyle features, at half the price! The active building body corporate is solvent with money in the bank. Body corporate fee structures have been in a downward trend thanks to initiatives of the committee, and the government strata insurance program.

With the current tenancy for $890/week expiring at the end of January 2025, we wish to sell on a walkin / walkout basis, with all furnishings, balance of prepaid body corps & council rates, to be included in the contract of sale, for the right sale price. Negotiation to lower sale price may forego such value adding. Recent maintenance over the last few years has included updated furnishings, new washing machine, clothes dryer, fridge, dishwasher, 55" TV, ducted air conditioner compressor & fan motors, smoke detectors, gas cooktop (2022), rangehood (2023), electric oven (2024) & paint (2022). Tiles throughout the common areas and carpets to bedrooms enhance practical and comfortable living.

The fully equipped kitchen, with plenty of bench & storage space inc. pantry & overhead cupboards, has a large fridge/freezer, microwave oven, gas cooktop, rangehood, oven, dishwasher, and all appliances, with adjoining modernly furnished dining area, and TV living room, which featuring a 3 piece leather lounge suite and more contemporary furnishings as well, and opens onto the patio with CBD & Castle Hill views. Both balconies offer 2 functional outdoor retreats

Master Bedroom has a queen sized double bed and bedsides drawers, wall mounted TV, 2 built-in robes, ensuite, and direct access to one of the 2 balconies with Castle Hill & city views

Bedroom 2 has a double bed, large built-in robes, access to the main bathroom & 2nd balcony, with river, stadium & mountain horizon views

Bedroom 3 has a double / single combo bunk bed with a built-in robe, but could easily be setup as an office for a home based professional

The internal stairs are very conveniently accessible just a few meters from our front door, allowing easy access to the rooftop recreational level directly above, the dedicated secure carparks, & storeroom, a few flights below, and a ground floor exit a few more flights further down, or take the recently renewed elevator down to step into the city heart, with public transport, recreational, entertainment, education, medical, dining & shopping facilities all near, making it a truly great place to live, or rent out.

To enquire, please email or call 1300 815 051 and enter code 4209

Looking to Sell Your Own Property?

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To learn more, please visit: Property Now