$198,500

4 Bed  •  2 Bath  •  2 Car  •  1492m²

Main view of Homely block of units listing, 18 Railway Street, Cambooya QLD 4358
Floorplan of Homely block of units listing, 18 Railway Street, Cambooya QLD 4358
Second view of Homely block of units listing, 18 Railway Street, Cambooya QLD 4358
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Sold

18 Railway Street, Cambooya QLD 4358

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$198,500

  • 4
  • 2
  • 2
  • 1492m²

Block of Units Sold on Tue 26 Oct, 2021

What's around Railway Street

Block of Units description

“5 Big Improvements. This Whole Duplex Earns 6.46% Gross Rent Yield P.A.”

WITH 5 BIG IMPROVEMENTS, this WHOLE DUPLEX of 2 Units currently earns 6.46% annual gross rent yield.

BOTH UNITS HERE are one title and are SELLING TOGETHER.



INVESTOR QUICK GLANCE:

- Whole Duplex of 2 x 2 bedroom units

- Gross lease income $510.00 per week
:::::: Unit 1 leased until mid-Dec 2021 at $255.00 per week
:::::: Unit 2 leased until mid-Aug 2021 at $255.00 per week
:::::: Wow! Equates to a 6.46% annual gross rental yield

- Zero body corp fees ... not strata-titled
- Recent General Rates: Approx $710.00 per unit net 1/2 yr
- Recent Water Access: Approx $210.00 per unit net 1/2 yr

- Large corner 1,492 sq mtr allotment
:::::: Dimensions 61.5m frontage x 26.0m deep
:::::: Corner Railway and Creek Streets



WOW! 5 BIG IMPROVEMENTS IN 2018:

- Re-stumped
- Re-wired
- Re-painted inside and out
- New kitchens to both Units
- New carpets to both Units



EACH UNIT FEATURES:

- A spacious living room
- An attractive dining room
- A recently updated kitchen with polished floors, new benches and electric cooking
- 2 bedrooms to each unit, each with built-in-robes
:::::: Air-conditioning to main bedroom in Unit 2
- Private internal garage to each unit, each with rear glass sliding door
- Nicely updated bathroom with shower and vanity
- Private toilet
- Separate internal laundry
- Tenants always prefer the expansive, fully-fenced yards
- Aluminium sliding glass windows, with security screens for more peace of mind



WHAT'S NEARBY?

- 250m walk to Rolleston Park
- 550m to handy store and newsagency
- 1km to Cambooya Primary School
- 18 minutes to Kmart at Toowoomba Plaza



CAMBOOYA is a go-ahead town just 16km south of booming Toowoomba. Across the Toowoomba Region, investors are capitalising on recent infrastructure upgrades including the $1.6 billion Second Range Crossing ... Airport Industrial Park ... Regional Data Centre ... New food precincts ... and the $500m QIC Grand Central Shopping Centre upgrade.



TIGHTLY HELD, the current owners seek to realise their capital gain, so this is your opportunity to add a very high-yielding duplex to your investment portfolio.

DUPLEXES RETURNING 6.46% p.a. GRR are rare. So now is the moment to BUY WELL.

FOR YOUR CONVENIENCE, we're available right now to answer your questions. BOOK YOUR INSPECTION NOW!




***USEFUL INFO courtesy of Jacqui Walker Sells Sensational Moves:

- Local Government Area: Toowoomba Regional Council
- Internet: Units may be able to connect to NBN via Fixed Wireless (FW) however please seek independent verification
- State School Zone: Cambooya Primary (P-6, 1km); Harristown High (7-12, 18.9km)
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property features

builtInRobes

Built-in Robes

secureParking

Secure Parking

toilets

Toilets: 2

Land details

Area: 1492m²
Frontage: 61.5m²

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Fourth view of Homely block of units listing, 18 Railway Street, Cambooya QLD 4358View more

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18 Railway Street, Cambooya QLD 4358
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