Property Features
  • Close to Local Shops
  • Close to Public Transport
  • Close to Shopping Centres
  • Air Conditioning
  • Ensuite
  • Close to CBD
  • Pool
  • Verandah/Deck
  • Close to University
  • Dishwasher
  • Close to Parks
  • Underground Parking
Fully Tenanted with Approved NRAS Tenants
38 Gregory Street TOWNSVILLE
Now priced at $389,000.0033 bedrooms22 bathrooms22 car spaces
Exciting new development with a variety of stylish two and three bedroom apartments plus exceptional resort amenities including swimming pool, BBQ and recreational areas. 

The few remaining three bedroom apartments are all NRAS (National Rental Affordability Scheme) approved and tenanted. This means an additional tax free incentive of $9,981 per year from the government.

The generous, open plan design apartments are fully air-conditioned, and equipped with modern kitchens and bathrooms, featuring stainless steel appliances and high quality fixtures and fittings. Plus two secure car parks.

It is a gated community with on site manager to ensure complete privacy and security for residents.

Townsville has one of the strongest regional economies within Australia, with solid growth in mining, manufacturing, defence, construction and tourism. It also has a very strong population growth rate at approx. 3.2%. with forecasts estimating an increase by 69,000 over the next 10 years. There are  $52 billion worth of projects planned and currently underway which is a good indicator for economic growth. Townsville currently has a rental vacancy rate of 0.6% in some regions, and had real estate capital growth of approx. 11% p.a. over the last 5 years to 2010. With residential under supply, significant capital investment, booming poulation and a robust stable economy, Townsville is a secure and lucrative opportunity now and into the future!  

Please contact the office for further information about NRAS or about this exciting development.
Property Inspections
No inspections are currently scheduled for this property.
Terry Shields  | Mobile: 0408 881 125  | Email:
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