2 Garget Street, East Toowoomba QLD 4350

Located on the CBD fringe in low-medium density zoning, this highly sought-after East Toowoomba address features a low maintenance duplex situated on a 608m² allotment across two titles. For future development potential - it doesn't get much better than this!

Only a short walk from parks, shops, and the centre of town this duplex is all about location, location, location. Coupled with a great rental yield, 2 Garget Street offers excellent returns for investors and great potential for developers. Sky's the limit for this duplex, but for now sit back and enjoy reliable rental returns. With everything you need quite literally 'just' around the corner, this property won't last long.

· Two spacious bedrooms with built in wardrobes in each unit
· Updated kitchens
· Fully enclosed outdoor areas
· 2 bay Colourbond shed
· Reverse cycle air conditioning

Unit 1 is on a fixed term lease until April 2022. Currently rented for $290 per week and rental appraisal at $310 per week upon renewal.

Unit 2 is on a fixed term lease until January 2022. Refreshing the paint and adding new carpets would see a rental appraisal at $310 per week.

Having retired and needing to downsize their property portfolio, the message from the seller couldn't be clearer - to sell at public auction on 23 November 2021. A building and pest report will be available to potential buyers before the auction date.

Rates: Approximately $2157.87 per half year
Water Access: Approximately $314.95 per half year

AUCTION DETAILS:
23rd November 2021, From 6.00pm
Ray White Toowoomba, 580 Ruthven Street
Due to COVID19 restrictions in room auctions are considered "invite only". Only people who have displayed an intent to purchase the property throughout the campaign should attend in person. Can't attend? Watch the auction online!

https://raywhitetoowoomba.com/watch-our-auctions-live

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All persons to remain at least 1.5 metres away from other groups where possible.

The agent conducting the inspection will complete and retain (and produce for inspection as may be required), a written/or digital collection notice that complies with all legal requirements and directions.

We are here to help you with your property search and with the lowest interest rates ever available there has never been a better time to buy.