Investors, First Home Buyers, Renovators! Continue on with the current arrangements or purchase with vacant possession. This home is located very conveniently to the new Toowoomba Bypass, 6km’s to the CBD, 1.8km’s to Bailie Henderson Hospital (which is to become Toowoomba’s main hospital) and 1.5km to the local shopping complex.
- The investment opportunity is one that doesn’t come around too often. The current lease is through the company Yellow Bridge who work to assist with social and disability housing. Yellow Bridge pay $300 per week as the head lease with no management fees, which means Yellow Bridge then sub lease the property to their clients. Yellow Bridge are then liable for any damage their clients may do but as the landlord you will still be liable for the general maintenance.
- Fantastic entry point to the market for first home buyers willing to do a bit of work.
- Solid brick home
- Rear yard access
- 3 bedrooms, master with a WIR, 2nd living room that could quite easily be utilised as a 4th bedroom.
- Decent size bathroom, in need of some work.
- Single lock up garage with internal access.
- Fully fenced block
- Clearing $300 per week in rent.