Positioned on the door step of the city, this 2 bed unit offers a great investment opportunity and an affordable entry into South Toowoomba market. The position and overall condition alone ensures a strong demand from tenants with a recent lease renewal through to February 2016 at $235/week providing reliable income and a gross yeild of 6%Pa; All this in a widely sought after suburb.
Set in a quiet residential street (on the eastern side of Hume St) amongst other neat units and South Toowoomba homes, some of which are being renovated it’s easy to see the quality position and potential on offer.
Being the first of four units you are afforded the northern position creating an environment of light and airy low fuss living. The complex is well maintained both inside and out providing peace of mind whether you’re investing to planning to move in.
Extras features include:
* Security screens
* Reverse cycle air conditioning in the living area and ceiling fans in both bedrooms
* Separate toilet to the main bathroom and a genuine laundry in addition to the single lock up garage.
* NBN ready
The property is currently rented through Elders Property Management receiving $235 per week on a fixed lease through to February 2016
Rates – $820 net half year
Body Corp – $1300 per annum
For more information or to arrange an inspection please contact John Troy of Elders Toowoomba.