INVESTORS -- Jacqui Walker presents this WHOLE DUPLEX SELLING TOGETHER, in South Toowoomba -- both currently tenanted, EARNING 4.31% gross annual rent yield with scope to increase to 5.16% p.a.
SELLING TOGETHER ON ONE TITLE, each Unit is tenanted - and history shows a SOLID RENTAL DEMAND in South Toowoomba. As a bonus, the 2 bedroom Unit has been RENOVATED!
INVESTOR QUICK-GLANCE:
- 2 Units, selling as a Whole Duplex on 1 title
- Total of 5 bedrooms, 2 bathrooms, 2 garages
- Condition: Very neat
- Updates: 2 Bedroom Unit has been renovated; 3 Bedroom Unit is in original condition
- Gross rent return: 4.31% p.a.
- Annual gross lease income: $27,560.00/yr
::::: Renovated 2 Bedroom Unit earns $245/wk until Mid Oct 2022
::::: Original 3 Bedroom Unit earns $285/wk until Early Feb 2023
- Alert: In our opinion, current market rents for these Units, in context of age and location, are
::::: 2 Bedroom Unit, $315-$325/wk
::::: 3 Bedroom Unit, $300-$310/wk
:::::::: Resulting in a yield of 5.16% p.a.
- Whole duplex means NO body corp fees! That's ZERO BODY CORP FEES.
- Recent General Rates, whole duplex: $1,350.00 net 1/2 yr approx
- Recent Water Access, whole duplex: $314.95 net 1/2 yr + use
LET'S ZOOM IN on this opportunity:
- North-to-street aspect
- Single GARAGE to each Unit
- Private toilet to each Unit
- Internal house-size laundry to each Unit, with rear access
- The 2 BEDROOM Unit has been RENOVATED
::: Beautiful tiles to the lounge room, with ceiling fan
::: Tiled kitchen with double sink and electric stove
::: Both bedrooms have a ceiling fan, built-in robe, and RECENTLY UPDATED CARPET
::: Attractively updated bathroom with shower, vogue vanity and handy cupboard
- The 3 Bedroom Unit is in original, VERY NEAT condition
::: Tiled floors to the lounge room
::: The kitchen is also tiled, with electric stove
::: A fefreshed bathroom with vanity and shower
::: Large built-in robes to the main bedroom
::: And built-in robes to all bedrooms
::: A handy linen cupboard
- Lovely rear and side areas to each Unit
CBD POSITION!
WOW, all this is JUST METRES AWAY,
and not more than 2km's:
- 130m to Federal Hotel / Bottle-shop
- 570m to Jennings Street Park
- 600m above south-north bikeway, creek and parklands
- 700m to Groom Park
- 1.3km to Shamrock Hotel / CBD
- 1.3km to Centenary Heights High School
- 1.5km to Toowoomba East Primary School
- 2.0km to Grand Central Shopping Centre / CBD
WITH A SOLID YIELD RIGHT NOW and demonstrated capacity to increase rent ... very neat presentation ... a renovation done on one side ... and located so, so close to so, so much - THIS DUPLEX IS A MUST-SEE INVESTMENT.
WHOLE DUPLEXES RARELY HIT THE MARKET, so this is your opportunity to add a Duplex property - with rent income yours from settlement day - to your investment portfolio.
FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is standing by right now to answer your questions or to arrange your inspection. SEE THIS MUST-SEE INVESTMENT DUPLEX NOW!
***USEFUL INFO courtesy of The Jacqui Walker Sells Team:
- Title: 2 Units on 1 title
- Allotment Size: 707 square metres
- Local Government Area: Toowoomba Regional Council
- Orientation: North-to-street
- State School Zone: Toowoomba East Primary, P-6; Centenary Heights High, 7-12
- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.
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