70 Enid Street, Townview QLD 4825

Nestled in the highly desirable suburb of Townview, this delightful 3-bedroom, 1-bathroom home presents a remarkable opportunity for both first-time buyers and astute investors. Priced $70,000 below the median sales price in the area, this property offers exceptional value. With elegant polished timber floors, an abundance of natural light, and an array of modern amenities, this home effortlessly combines comfort and potential.

Property Details:
- 3 Bedrooms: carpeted, two with built in wardrobes
- 1 Bathroom: bath-shower combination
- A cute open-plan kitchen
- Polished timber floors
- Air conditioning in every room
- 5kW solar panels
- Mains water
- Fully fenced 809m² block with security screens
- A carport for one vehicle plus on-street parking
- A garden shed
- Downstairs laundry

Location*

Schools:
- St Joseph's Catholic School (1.5 km / 3-minute drive)
- Mount Isa Central State School (2 km / 5-minute drive)
- Spinifex State College (2.5 km / 6-minute drive)

Shops & Amenities:
- Mount Isa Shopping Plaza (3 km / 6-minute drive)
- Bunnings Warehouse (4 km / 8-minute drive)

Parks:
- Townview Park (200 m / 3-minute walk)
- Glenore Grove Park (2 km / 5-minute drive)

Investment Opportunity:
With the current median sales price for Townview sitting at $270,000, this property represents a remarkable value at $70,000 below the market average. With Mount Isa's vacancy rate at just 1.3%, rental demand is exceptionally high. Additionally, Townview boasts an average rental yield of 7.8%, making this an outstanding investment opportunity with the potential for strong returns.
The property is currently advertised for $450.00 a week in rent.

Expenses:
Last year's annual rate notice was $4,415.21
Half yearly rate charges for 2022/2023 was $1,844.03

This property is best seen in person. Please contact Abraham Sammut on 0411399389 or Warren Ramsey on 0412266304 to arrange a private inspection.

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