Attention Savvy Investors: Unlock the Potential of 110A James Street, South Toowoomba Quadplex!
This remarkable property presents a golden opportunity to expand your investment portfolio. Comprising four well-appointed two-bedroom, two-bathroom units, this quadplex is the perfect addition to your wealth-building strategy.
Each unit boasts contemporary design and functionality, ensuring tenant satisfaction and maximizing rental returns. The two bottom units feature spacious, north-facing courtyards, providing a desirable outdoor space for residents to relax and entertain. The top units have balconies offering lovely views across Toowoomba.
Situated in a sought-after location, this property is surrounded by an array of amenities, including parks, bike tracks, and easy access to the bustling Toowoomba CBD. The prime location attracts reliable, long term tenants seeking convenience and a vibrant lifestyle. This guarantees you a stable occupancy rate and long-term financial gains.
Currently, all four units are occupied, securing immediate rental income. Take note of the existing rental arrangements:
Unit 1: End of Lease Oct 2023. Currently generating $330 per week.
Unit 2: End of Lease Jan 2024. Currently generating $280 per week.
Unit 3: End of Lease Sep 2023. Currently generating $290 per week.
Unit 4: End of Lease Nov 2023. Currently generating $280 per week.
The rental potential of this quadplex ranges from $280 to $340 per week, providing you with the flexibility to optimize your returns in this thriving market. This is an investment opportunity that simply cannot be overlooked.
With the added advantage of off-street parking and a spacious grassed area, tenant satisfaction is guaranteed, enhancing the attractiveness of the property and ensuring high retention rates.
Toowoomba is a thriving and growing city with a significant calendar of development being undertaken over the next 10-15 years, ensuring consistent, diversified growth and demand for years to come.
Don’t miss out on this enticing prospect! Contact us today to arrange a viewing and embark on your journey to financial success with 110A James Street, South Toowoomba Quadplex.