Why TOOWOOMBA ? Consistent long term growth, above average rental returns and low vacancy rates makes Toowoomba attractive to investors. Huge variety of schools, both public and private, abundance of shopping options along with numerous employment hubs makes the Toowoomba area an “in demand” area for housing. Toowoomba has large infrastructure projects being developed, and also is the major service centre for industry/business associated with the coal seam gas production in the nearby Surat Basin location. Lots of new businesses are setting up in Toowoomba, the airport has been extended and enlarged, the road networks are being improved, especially the By Pass highway. There is so much going on – ask us for our report.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right – two dwellings – two incomes! This property is strong positively geared right from the first month for most investors.
• The features of a duplex property are:
• Positive cash flow
• Located in high growth area, with high rental demand
• Located in prime quality residential estate
• Located in high population area close to fast expanding hubs
• Larger lots
• Lower your risk – if one dwelling is vacant, the additional one is still producing income
• Close to schools, shops and all other services and recreational facilities
This property is:
Land: 631m2 Price: $179,500 Land is registered
Home: 242m2 Build: $378,490
6 beds in total = 4 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
FIXED PRICE CONTRACT: $557,900
RENTAL ESTIMATE: $620 to $640 per week
SALES APPRAISAL ESTIMATES: LOCAL AGENTS HAVE PROVIDED SALES ESTIMATE OF THE FULLY COMPLETED PROPERTY: $590,000 TO $620,000
Inclusions:
Colour bond roof, Colour bond gutters, Face brick to general areas, Stainless steel dishwasher, 2 split air conditioners, vertical blinds to all windows and sliding doors, stone benchtiops to kitchen, Ceiling insulation, Carpet to bedrooms, Floor tiling included
Builder: Aspect Homes: PHG

FOR SALE: $557,900