THIS WHOLE DUPLEX of 2 Flats in Harristown can earn you a 5.6% gross annual rent yield.
BOTH FLATS HERE are one title and both are SELLING TOGETHER. There’s also a fantastic RENOVATION to Flat 1.
INVESTOR QUICK-GLANCE:
- 2 x Flats, side-by-side, selling as a Whole Duplex on 1 title
- Across 2 flats get: 5 bedrooms / 2 bathrooms / 2 carports
- Anticipate annual gross lease income: $25,480.00
::::: 2 bedroom Flat 1 currently earns $190/wk, however run your sums based on fair market rent of $215-225/wk
::::: 3 bedroom Flat 2 currently vacant, anticipate $275-$280/wk
- This results in ancitipated gross rent return of 5.6% p.a.
- Approx General Rates whole duplex: $1,600.00 nett 1/2 yr
- Approx Water Access whole duplex: $305.00 nett 1/2 yr + use
- Entire duplex = ZERO body corp fees
- Original duplex in established Toowoomba street
- NORTH-facing allotment
- 557 square metres with backyard fully-fenced
SO LET’S ZOOM IN on this opportunity:
- Flat 1
::::: Renovation complete with brand-new carpets and air-conditioning
::::: A brand-new kitchen
::::: Combined lounge and dining room
::::: 3 bedrooms, 2 with built-in robes
::::: A renovated bathroom with a large shower
::::: And a handy front carport
- Flat 2
::::: Kitchen has been nicely updated
::::: Attractive living and dining area
::::: Air-conditioning
::::: 2 bedrooms, 1 with built-in robes
::::: Good-sized bathroom with handy laundry area
::::: And a fantastic front carport
WHAT’S NEARBY?
- 400m to park and ovals
- 650m to Clifford Gardens
- 1.2km to Toowoomba Hospital
- 1.3km to Harristown High
- 1.5km to Newtown Primary School
- 1.6km to Grand Central Shopping Centre
WHAT A COMBINATION: Forecast to earn a 5.6% gross annual rent yield … 6 fantastic destinations with 1.6km … nice updates to Flat 2 … and Flat 1 totally renovated!
WHOLE DUPLEXES RARELY HIT THE MARKET, so this is your opportunity to add a set of Duplex flat – with a solid earning outlook – to your investment portfolio.
TOOWOOMBA IS BOOMING with investors capitalising on the $1.6 billion Second Range Crossing, Airport Industrial Park, Regional Data Centre, new food precincts – and the $500m QIC Grand Central Shopping Centre upgrade is complete.
FOR YOUR CONVENIENCE, we’re available right now to answer your questions or to arrange your inspection. SEE THIS DUPLEX NOW!
***USEFUL INFO AND SUMS courtesy of Jacqui Walker Sells Sensational Moves:
- Title: 2 Units on 1 title
- Lot 3 on Registered Plan 180062
- Allotment Dimensions: Approx 20.7m wide x 27.7m deep
- Allotment Size: 557 square metres
- Zoned: Mixed Density Residential
- Land Use: Multi Unit Dwelling (Flats)
- Approx General Rates whole duplex: $1,600.00 nett 1/2 yr
- Approx Water Access whole duplex: $305.00 nett 1/2 yr + use
- Entire duplex = ZERO body corp fees
- Local Government Area: Toowoomba Regional Council
- Orientation: North-facing
- Internet: Each flat has NBN connectivity via Fibre-to-the-Node (FTTN)
- State School Zone: Newtown Primary (P-6; 1.5km) and Harristown High (7-12; 1.3km)
- Disclaimer: All care taken, however you’re encouraged to independently verify all figures and indications.