Diverse Economy Supports Long Term Low Vacancy Rates

The Details

Location:  Townsville

Type: Off Market Residential 

Purchase Price: $475,000

Rent: $470 p/wk 

Rental Yield: 5.15 %

Vacancy Rate: 0.98%

WHY WE LOVE THIS PROPERTY:

  Lowset and new build for set and forget investment 

Close to local shopping centres , schools and 15 min drive to the CBD

Long term development in the area as well as Military base providing support for long term low vacancy rates