SELLING WITH INCOME and currently earning a 5.72% annual gross rent return, Investors are invited to acquire this COMMERCIALLY-FOCUSED inner-city STUDIO APARTMENT – designed for use by a Small Business Operator.
IN 2010, this Unit was built to be an On-Site Manager’s OFFICE, for the 5 Joseph Street complex known as ‘Joseph Lodge’.
TOP 4 FEATURES:
- A total of TWO FUNCTIONAL SPACES for BUSINESS OPERATIONS
- Staff kitchenette
- Bathroom with shower, vanity, and toilet
- Open-space tandem DOUBLE CAR PARK on concrete pad
WHO’S WHO?
- Investors: as its currently leased, you should shortlist, see and gain now.
- Small Business Operators: pick this up now, pocket the rent income and move your Business here on cessation of the current lease. IDEAL FOR a Hairdresser, Beautician, Barber Shop or Massage Therapist. ALSO IDEAL AS office space for agri-business or consulting, especially where the User requires a base and travels most of the time.
INVESTOR QUICK-GLANCE:
Income
::: Currently earning $220.00 per week until 24/04/2024
::: That’s a 5.72% gross rent return p.a.
Outgoings
::: Recent General Rates and Charges: $1,061.88 net 1/2 yr
::: Recent Water Infrastructure Charge: $314.60 net 1/2 yr + consumption
::: Body Corporate: $450.00 / qtr
Built: 2010
Property Name: Joseph Lodge
WOW, here’s 9 top locations within 1km:
- 300m to Herries / Ruthven MAJOR INTERSECTION
- 380m to Hooper Centre shops
- 450m to Art Gallery
- 500m to famed Ground Up Espresso Bar
- 500m to City Library
- 550m to Milne Bay Aquatic and Fitness Centre
- 600m to Grand Central on Duggan Street
- 600m to The Empire Theatres
- 1km to Queens Park
and
- 1.6km to Twba North Primary School
- 1.8km to Toowoomba Grammar School
- 2.2km to The Glennie School
- 2.3km to Centenary Heights High School
NOW’S THE MOMENT to strike on this unique property, which was originally created to be an On-Site Manager’s Office, for the 5 Joseph Street complex. Call us … or send us your questions … or BOOK YOUR LOOK NOW!
***USEFUL INFO with compliments of The Jacqui Walker Sells Team:
- Internet: Can connect to the NBN via Fibre-to-the-Premises technology, FTTP
- State School Zone: Toowoomba North Primary, P-6; Centenary Heights High, 7-12
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.