An opportunity to capitalize on the current owner’s hard work. Located central to all the major hubs; Toowoomba Base Hospital, University of South Queensland, multiple schools, CBD and across the road from a Child Care Centre. The current DA is approval for 9 units ( 8 x 2 bed, 2bath, single lock & 1 x 3 bed, 2 bath, double lock up) with room to build another dwelling on a spare lot of land.
Similar brand-new units are currently trading for $440-470,000 for 2 bed, 2 bath & 3 bed, 2 bath, 2 car are trading for $490-520,000. The lack of new units available in the market would suggest off the plan sales could be a strong possibility.
Full plans are available for review.
41 Drayton Rd:
- Large single level brick home.
- 3 bedrooms
- 1 bathroom
- 2 living areas
- Large 3 bay lock up garage
- 9x7m shed
- Current rent appraisal is $450 per week (current tenant is on a periodic lease)
- 1,236m2
43 Drayton Rd:
- Very tidy character home
- 3 larges bedrooms
- 2 living areas
- 1 bathroom
- Large tandem carport
- 6×6 shed
- 40ft shipping container
- Current rent appraisal is $460-470 per week (current tenant is on a periodic lease)