Price Undisclosed

8 Bed  •  4 Bath  •  4 Car  •  800m²

Main view of Homely block of units listing, 105 Bowen Street, Roma QLD 4455
Floorplan of Homely block of units listing, 105 Bowen Street, Roma QLD 4455
Second view of Homely block of units listing, 105 Bowen Street, Roma QLD 4455
+14

Sold

105 Bowen Street, Roma QLD 4455

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Price Undisclosed

  • 8
  • 4
  • 4
  • 800m²

Block of Units Sold on Mon 24 Jun, 2024

What's around Bowen Street

Block of Units description

“Impressive Unit Complex with Excellent ROI”

• 4 x 2 bedroom units (fully furnished)
• NOT strata titled
• NO body corporate fees
• Cash flow POSITIVE
• Best Location
• Invest in Roma? WHY - our booming gas industry forecast, lack of rental accommodation

Fully Information Memorandum available by request.

This impressive double story block consists of four x two bedroom units, each boasting their own laundry, and private patio/balcony. Occupying 800 sqm of land, this property presents a remarkable opportunity as a low maintenance, excellent rental yield investment. Its proximity to local amenities including both schools, hospital and parks adds to its appeal.

Meticulously renovated with generous floorplans, creating a sense of timeless elegance and high-end finishes catering to professional tenants, ensuring both style and functionality in every detail.

Key Features:

• Four x two bedroom units each with excellent sized built in bedrooms and open plan living areas boasting a modern, white kitchen at the centre of its entertainment space between the living and dining

• Modern bathrooms with toilet, vanity and showers. Downstairs units have laundry facilities in that space

• Split systems air conditioning throughout each unit (both bedrooms plus the living area)

• Two x two six metre carports with concrete driveway access

• Low maintenance lawn and garden areas surrounding the complex, including separate grassed areas to the rear of units 2 and 4

• Each unit is fully furnished with an inventory list available on request

Approximately yielding a gross rental income of $104,000 pa with projected operating costs of $9,760, the approximate net yield of $95,000 pa places this property at the forefront of solid investments. The rental surge driven by Roma's expanding population and persistent undersupply of rental stock indicates a trend unlikely to wane.

What sets 105 Bowen Street apart is its commitment to design and deluxe with high-end finishes, impressively low outgoings, proven factual rents with room to grow, while boasting the lowest running costs on the market, with bare-bones maintenance and no body corporate fees, providing the best net return.

Contact Morgan Rowbotham to arrange an inspection on 0419 850 369 or for an information memorandum, email - [email protected]

Land details

Area: 800m²

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