Unit 1, 8 Cheyne St, Pimlico

Sold by Kym

Sold by Kym

An outstanding opportunity to acquire this large townhouse as a high rental demand investment property or great for the owner occupier. Also difficult to find, a three bedroom unit in this very desirable location in the heart of Pimlico. Exceptionally well maintained complex of just the 4 units. 

Townhouse Features: 

Downstairs: 

• Split system air conditioning
• Open carpeted living area with soaring exposed timber beams and timber panelling to ceiling
• Impressive oversized kitchen for a townhouse with recent updated appliances
• Dining area off the kitchen with direct access to the rear courtyard 
• Internal laundry and storeroom 
• Convenient 2nd toilet 
• Single remote lock up garage - dryer also located in garage
• Electric gated complex for extra security

Upstairs: 

• Three bedrooms all with split system air conditioning and built in robes
• Main bedroom larger than standard
• Modernised and updated bathroom
• Separate toilet
• Linen storage

Location Features - 

• Mater Hospital nearby
• Townsville TAFE and in the Pimlico High catchment zone
• Public Transport close by
• Castletown Shopping Centre around 5 minutes by car
• Approx 10 minutes drive to the CBD and The Strand

Townsville City Council Rates - $1,795.50 each 6 months - water allocation included in rates amount.

Body Corporate Fees - per quarter - Administrative Fund - $1306.25 - Sinking Fund - $312.50 - per quarter Total - $1,618.75

Please note a 20% Discount Applied when paid by Due Date - takes BC down to $1,295.00 per quarter

For the Investor - Expected Rental Return - $440 to $460 per week.

Please note - All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. Please rely on your own inspection and investigations as the property may have changed since the photographs were taken. Nxtgen Property bears no liability for any loss sustained due to inaccuracy or omission.