25/4 Aplin Street, Townsville City QLD 4810

CBD apartment | resort complex | strong yield | flood overlay | central Townsville This unit presents a compelling buying case for an investor or owner-occupier seeking a low-maintenance, centrally located property. Its competitive edge lies in the combination of a resort-style amenity package—pool, gym, secure parking—and a gross rental yield near 7.1%, which is notably strong for an inner-city apartment. The location in the heart of the Townsville CBD, with high walkability to retail and entertainment, positions it well for attracting executive tenants or providing a convenient lifestyle for a professional or downsizer. The modern kitchen and stone benchtops lift the interior above many comparable units, supporting both rental demand and resale appeal. The primary risk is the flood overlay, which requires careful due diligence on floor level, building insurance, and strata records for past water issues. This may affect financing or insurance costs, but does not necessarily preclude a sound purchase. The main opportunity is the pricing: the asking figure sits between two independent estimates, suggesting room for negotiation or immediate equity if the higher valuation is accurate. Body corporate fees and sinking fund health are critical to verify, as they directly impact net return and future liability. For a buyer who completes thorough checks, this property offers a rare blend of yield, location, and amenity in a compact package.