Those looking for a large investment home situated in a beautiful area will find this property as the perfect option. A modern design has been combined with large spacious areas to create an extremely inviting and impressive home. The property is positioned in Cranley, a beautiful, quiet suburb of Toowoomba that is 6km from the Toowoomba CBD. Residents of Cranley are exposed to the lovely natural environment while being within close proximity of Queensland’s largest inland City, Toowoomba. Those looking to explore Toowoomba will become familiar with the growing urban coffee culture and the street art scene. Toowoomba is also known as the Garden City, as the area is home to hundreds of parks and gardens the each possess stunning scenery.

The property is within close distance of the Grand Central Shopping Centre and numerous other shopping options in Toowoomba. There are numerous world class schooling options available in the area, including Toowoomba Grammar. The highly regarded Toowoomba hospital is also less than 15 minutes from Cranley.

Build Details:
Build Size: 234m2
Build Price: $571,949
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: see letter: $500 to $550 per week income
Estimated Rental Yield on Investment: 3.34%-3.67%
Inclusions: Full list attached

Land Details:
Land Size: 619m2
Land Price: $207,500
Land Registration: November 2022

Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.

Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
Land settlement 35 days from date of contract or 14 days from the registration of title (November 2022)
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.