COMMANDING a huge 9.5% Gross Rent Return and SELLING ALTOGETHER ON 2 TITLES, Jacqui Walker presents this immaculately maintained property consisting of TWO BLOCKS of fully-furnished and equipped Investment Properties in TOOWOOMBA CITY.
I SAID: ‘ Huge rent return here, with 2 Blocks of fully-furnished and equipped Investment Properties in the CENTRAL part of Toowoomba !! ‘
ASSET QUICK GLANCE:
- Currently earning 9.5% Gross Rent Return
- Selling TWO TITLES together
- Total land area 1,265 sq mtrs
::: Title 1 allotment 721 sq mtrs
::: Title 2 allotment 544 sq mtrs
- Owner SELLING TOGETHER
- Title 1 – DUPLEX Block consisting of two units
::: Both units set up as short to long term accommodation
::: Ability to increase rent in the future
::: Immaculately presented inside and out
::: Fully furnished and equipped
::: Detailed specs below
- Title 2 – BOUTIQUE property divided into studio rooms with BONUS GRANNY FLAT
::: House has been configured to 3 self-contained studio rooms
::: Immaculately presented inside and out
::: Fully furnished and equipped
::: Detailed specs below
INCOME:
- Currently equates to 9.5% p.a. gross rental yield
- Capacity to increase rent at renewals
- Contact Jacqui for future income projections
OUTGOINGS:
- Body Corp: None, nada, nil … selling as a whole complex
- Recent General Rates:
::: Title 1 $1,773.98 gross per 1/2 yr
::: Title 2 $1,235.63 gross per 1/2 yr
- Recent Water Access:
::: House Title $314.95 net 1/2 yr + use
::: Units Title $314.95 net 1/2 yr + use
- Building Insurance and maintenance
::: Specific to your own requirements
UNITS DEEP-DIVE:
- Title 1 – Duplex Block of Units (48 West)
::: Each of the two units has 3 bedrooms with an ensuite to each
:::: Separately key locked bedrooms
:::: Mirrored built-in robes with shelving
:::: Security Screens and roller blinds on window
:::: Ceiling fan
:::: Ensuites with walk in shower, vanity, heated toilets and heat lamp
::: Modern, comfortable and well maintained common areas
:::: Air-conditioned common main lounge and dining area
:::: Main kitchen with dishwasher and large fridge
:::: Tidy and discreet European Laundry
:::: Additional storage space for individual belongings
- Allocated off-street car parking provided
- Title 2 – House and Granny Flat (50 West)
::: Comprises of three self-contained studio rooms, PLUS a granny flat – incl dishwasher and covered patio area
:::: Bedrooms with heated blankets
:::: Full Ensuite with heated toilet seat
:::: Full sized kitchenette with sink, small appliances and microwave oven
:::: Study desk and chair
:::: Lounge Chair
::: Studio Room 3 also has a private veranda!!!
::: Common areas has a full size electric stove and oven
:::: Laundry area included in the common area
- Granny Flat
::: Private bedroom area
::: Full ensuite with shower over bath and heated toilet
::: Kitchen with dishwasher, fridge and washing machine
::: Living/Dining area
::: Covered outdoor patio/sitting area
- Allocated off-street car parking provided
OUTSIDE DISCOVER:
- Neat and tidy, well maintained unit blocks
- Easy to care for lawns and gardens
- Plenty of storage for gardening and additional linen supplies etc
- Clotheslines
SO MUCH IS SO CLOSE:
- Convenient access to public transport
- 100m to Mort Estate Shops with a convenient SPAR Express, Chemist, fast food and more!
- 210m to Holy Name Tennis Club
- 550m to St Ursula’s College
- 700m to Toowoomba North State Primary School
- 800m to St Mary’s College
- 1.0km to Laurel Bank Park
- 1.6km to Grand Central Shopping Centre
- 1.6km to Toowoomba CBD
- 1.7km to The Glennie School
- 2.1km to Northpoint Shopping Centre
- 2.4km to Toowoomba Hospital
- 3.0km to Toowoomba State High School
ASTUTE INVESTORS will prioritise this one. With TWO TITLES, and the HUGE RETURN, this is the investment to make!
FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is standing by right now to answer your questions. Feel free to text, call or message us night and day. SEE NOW!
***USEFUL INFO courtesy of The Jacqui Walker Sells Team:
- Local Government Area: Toowoomba Regional Council
- State School Zone: Toowoomba North State Primary, P-6; Toowoomba State High, 7-12
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.