2 Rachel Street, Darling Heights QLD 4350

Investment property dreams are made of this! Often sought yet seldom found, an opportunity exists to purchase this wonderful triplex (3 split-level townhouses). With tenants currently in place and returning a combined $990p/w in rent (and potential to increase yield in future), the ROI on offer is far superior to anything else available on the market! Boasting an enviable location ~ within walking distance to USQ (University of Southern Queensland), Westridge Shopping Centre, and Kmart ~ which is supported by a historically strong rental performance, it emphasizes the solidarity of this investment. Enquire and inspect today... this one won't last!

Property Features of each individual townhouse (3 in total):

Upstairs:

- 2 spacious bedrooms.
- Bathroom featuring separate shower and bath, toilet, and vanity.

Downstairs:

- Kitchen featuring electric cooktop and ample cupboard space.
- Large formal lounge and dining area.
- Laundry - conveniently located.
- Separate toilet (2 in total).
- Single lockup garage with internal access on remote + extra space for guest parking.
- HUGE private and fenced courtyard!

Additional features:

- Each unit has been renovated.
- Within walking distance to USQ, Westridge Shopping Centre, and Kmart.
- High demand rental location.
- Historically strong rental performance.
- Public transport at the doorstep.
- NO BODY CORP FEES!
- General rates $3,085.06net half yearly
- Individually metered, tenants pay for water usage

Rental Income and lease information:

- Unit 1: Renting for $330/w - Lease expires 24 May 2023.
- Unit 2: Renting for $330/w - Lease expires 11 Aug 2023.
- Unit 3: Renting for $330/w - Lease expires 3 Feb 2024.
- TOTAL RETURN: $990/w

This property is priced to meet Toowoomba's strong property market. Enquire today!

To arrange an inspection, please contact Joe Ryan

0400702685

[email protected]

www.myhouserealtytoowoomba.com.au