10/10 Paxton Street, North Ward, Qld 4810

Positioned directly opposite the iconic Queens Gardens and just minutes from The Strand, this fully furnished top-floor apartment is the kind of property smart investors hold onto. With recent upgrades, a standout floorplan, and current rental income of $550 per week (projected $660/week), Unit 10 offers a strong yield in one of Townsville's most in-demand suburbs - with capital growth to match.

Investor Snapshot
-Currently tenanted until Jan 30, 2026 at $550/week
-Projected rental increase to $660/week in 2026
-Offers Over $589,000
-Low Body Corporate Fees
-Approximate gross yield: 5.75%+ (based on projected rent)
-Option for long- or short-term rental
-Fully furnished and move-in or rent-out ready

Premium Renovated Apartment with Rare Positioning
Unlike standard investment units, this one offers a rare combination of privacy, lifestyle and elevation. Perched at the front of a boutique complex, the apartment enjoys uninterrupted views of Queens Gardens, with a spacious newly re-tiled balcony - perfect for entertaining or relaxing under Castle Hill's natural skyline.

-Inside, the home feels fresh and open thanks to:
-Fully tiled, air-conditioned open-plan living
-Renovated kitchen with breakfast bar, full pantry, and dishwasher
-Dedicated study with built-in desk and storage  - ideal for remote workers or students
-Two oversized bedrooms with built-ins (master with walk-in robe)
-Updated bathroom with full-sized bath, separate toilet, and internal laundry
-Secure covered carport with lockable storage

Unmatched Location Value
-North Ward is one of Townsville's most established and high-performing suburbs. -This apartment puts your tenants - or future owner-occupiers - within walking distance of:
-The Strand and beachfront cafés
-Queens Gardens and Castle Hill walking tracks
-Townsville Grammar School
-Shops, restaurants, and medical precincts

This is more than a property - it's a low-maintenance investment in a suburb that continues to outperform in rental demand, owner-occupier interest, and lifestyle appeal.

At a Glance
-Prime top-floor apartment opposite Queens Gardens
-Fully furnished & tenanted until Jan 2026
-Recently re-tiled balcony with garden views
-Strong projected yield, with growth potential
-Spacious 94m² internal layout + carport + lockable storage
-Well-maintained complex with low body corporate fee

If you're looking for a turnkey investment that's already performing - with room to increase returns - Unit 10 is a rare find. Whether held for yield or future capital gains, it delivers above and beyond the typical North Ward unit.

Call Josie on 0475 703 643 or Brae on 0466 105 633