$436,500

5 Bed  •  2 Bath  •  2 Car  •  557m²

Main view of Homely block of units listing, 28 Boyes Street, Harristown QLD 4350
Floorplan of Homely block of units listing, 28 Boyes Street, Harristown QLD 4350
Second view of Homely block of units listing, 28 Boyes Street, Harristown QLD 4350
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Sold

28 Boyes Street, Harristown QLD 4350

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$436,500

  • 5
  • 2
  • 2
  • 557m²

Block of Units Sold on Wed 21 Jul, 2021

What's around Boyes Street

Block of Units description

“Get This Entire Duplex - Forecast: 5.6% Gross Rent Return Yearly”

THIS WHOLE DUPLEX of 2 Flats in Harristown can earn you a 5.6% gross annual rent yield.

BOTH FLATS HERE are one title and both are SELLING TOGETHER. There's also a fantastic RENOVATION to Flat 1.


INVESTOR QUICK-GLANCE:

- 2 x Flats, side-by-side, selling as a Whole Duplex on 1 title

- Across 2 flats get: 5 bedrooms / 2 bathrooms / 2 carports

- Anticipate annual gross lease income: $25,480.00
::::: 2 bedroom Flat 1 currently earns $190/wk, however run your sums based on fair market rent of $215-225/wk
::::: 3 bedroom Flat 2 currently vacant, anticipate $275-$280/wk

- This results in ancitipated gross rent return of 5.6% p.a.

- Approx General Rates whole duplex: $1,600.00 nett 1/2 yr
- Approx Water Access whole duplex: $305.00 nett 1/2 yr + use
- Entire duplex = ZERO body corp fees

- Original duplex in established Toowoomba street
- NORTH-facing allotment
- 557 square metres with backyard fully-fenced


SO LET'S ZOOM IN on this opportunity:

- Flat 1
::::: Renovation complete with brand-new carpets and air-conditioning
::::: A brand-new kitchen
::::: Combined lounge and dining room
::::: 3 bedrooms, 2 with built-in robes
::::: A renovated bathroom with a large shower
::::: And a handy front carport

- Flat 2
::::: Kitchen has been nicely updated
::::: Attractive living and dining area
::::: Air-conditioning
::::: 2 bedrooms, 1 with built-in robes
::::: Good-sized bathroom with handy laundry area
::::: And a fantastic front carport


WHAT'S NEARBY?

- 400m to park and ovals
- 650m to Clifford Gardens
- 1.2km to Toowoomba Hospital
- 1.3km to Harristown High
- 1.5km to Newtown Primary School
- 1.6km to Grand Central Shopping Centre


WHAT A COMBINATION: Forecast to earn a 5.6% gross annual rent yield ... 6 fantastic destinations with 1.6km ... nice updates to Flat 2 ... and Flat 1 totally renovated!

WHOLE DUPLEXES RARELY HIT THE MARKET, so this is your opportunity to add a set of Duplex flat - with a solid earning outlook - to your investment portfolio.

TOOWOOMBA IS BOOMING with investors capitalising on 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 is complete.

FOR YOUR CONVENIENCE, we're available right now to answer your questions or to arrange your inspection. SEE THIS DUPLEX NOW!



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

- Title: 2 Units on 1 title
- Lot 3 on Registered Plan 180062
- Allotment Dimensions: Approx 20.7m wide x 27.7m deep
- Allotment Size: 557 square metres
- Zoned: Mixed Density Residential
- Land Use: Multi Unit Dwelling (Flats)

- Approx General Rates whole duplex: $1,600.00 nett 1/2 yr
- Approx Water Access whole duplex: $305.00 nett 1/2 yr + use
- Entire duplex = ZERO body corp fees

- Local Government Area: Toowoomba Regional Council
- Orientation: North-facing
- Internet: Each flat has NBN connectivity via Fibre-to-the-Node (FTTN)
- State School Zone: Newtown Primary (P-6; 1.5km) and Harristown High (7-12; 1.3km)

- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

toilets

Toilets: 2

Land details

Area: 557m²
Frontage: 20.7m²

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