$651,000

4 Bed  •  2 Bath  •  2 Car  •  733m²

RE/MAX Success Toowoomba
Main view of Homely block of units listing, 12 Watts Street, Drayton QLD 4350
Floorplan of Homely block of units listing, 12 Watts Street, Drayton QLD 4350
Second view of Homely block of units listing, 12 Watts Street, Drayton QLD 4350
+18

Sold

12 Watts Street, Drayton QLD 4350

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$651,000

  • 4
  • 2
  • 2
  • 733m²

Block of Units Sold on Thu 12 May, 2022

What's around Watts Street

Block of Units description

“Reap The Rewards!”

- Lowset brick duplex
Each unit features:
- 2 good sized air-conditioned built-in bedrooms
- Open plan living areas with air-conditioning
- Modern kitchen with electric cooking appliances and dishwasher
- Family bathroom with both a bath and shower
- Private courtyard (unit 2 with outdoor area)
- Single remote garage
Located just minutes from Drayton Woolworths, Drayton State School, the University of Southern Queensland, Japanese Gardens and Darling Heights State School, 12 Watts Street is an ideal investment opportunity, you can live in one and rent out the other, or simply purchase one to nest or invest in.

Unit 1, positioned to the front of the quiet duplex features 2 carpeted bedrooms, both with large built-in cupboards and reverse cycle air-conditioning, good sized separate lounge room and spacious open plan living and dining space boasting reverse cycle air-conditioning and tiled flooring. The modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, dishwasher, corner pantry and a breakfast bar, and the family bathroom has a both a separate shower and bath and extra large vanity, the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access, the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Unit 1 is currently rented at $300 per week until July 2022, with a 12 month lease renewal signed at $350 per week from 12th July 2022.

Unit 2 is located to the rear of Unit 1 so is completely private and set back from the street. It features 2 carpeted, built-in bedrooms, each boasting reverse cycle air-conditioning. The kitchen, lounge and dining area is all open plan and has reverse cycle air-conditioning with tiled flooring, and the modern kitchen hosts a 2 bowl sink, electric cook top, range hood, electric oven, pantry, island bench and a dishwasher. The family bathroom has a separate shower, separate bath and vanity and the toilet is separate for added convenience. For your vehicle there is a single remote garage with internal access and the laundry with single wash tub and built-in cupboards is conveniently located off the garage. Externally there is a small patio in the private courtyard. Unit 2 is currently rented at $290 per week until September 2022.

Investors - The complex is currently returning $590 per week with the potential to increase to a total of $700 per week subject to market conditions (Rent appraised at $350 per week per unit). The tenants of Unit 1 have just signed a 12 month renewal at $350 per week commencing on the 12th of July 2022.

Rent both units and reap the rewards, move into one and rent the other ... there are plenty of options to consider! For your convenience Team Elevate is available 7 days a week to arrange your private viewing.

General rates: currently $1,111.85 net per half year
Water rates: currently $314.95 net per half year plus consumption

Primary school state catchment: Darling Heights State School
High school state catchment: Harristown State High School

Home Built: 2005

Land details

Area: 733m²

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Third view of Homely block of units listing, 12 Watts Street, Drayton QLD 4350View more
Fourth view of Homely block of units listing, 12 Watts Street, Drayton QLD 4350View more

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