$1,160,000

11 Bed  •  8 Bath  •  4 Car  •  1214m²

Main view of Homely block of units listing, 317 Bridge Street, Newtown QLD 4350
Floorplan of Homely block of units listing, 317 Bridge Street, Newtown QLD 4350
Second view of Homely block of units listing, 317 Bridge Street, Newtown QLD 4350
+11

Sold

317 Bridge Street, Newtown QLD 4350

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$1,160,000

  • 11
  • 8
  • 4
  • 1214m²

Block of Units Sold on Tue 28 Sep, 2021

What's around Bridge Street

Block of Units description

“Investors: This BLOCK OF 4 UNITS Earns 5.39% Gross Rent Return Yearly.”

INVESTORS get LONG LEASES to late 2021 and INCOME FROM DAY 1 here at this purpose-built Quadplex of 4 Strata-Titled Units - 900 metres to Wilsonton Shopping Centre!


I SAID: ' Whole Quadplex of 4 Units, each earning income, each strata-titled !!! '



INVESTOR QUICK GLANCE:

- Capital outlay: Offers Over $1.2m
- Yielding gross rent return: 5.39% p.a. based on Offers Over price

- Current annual rent income $64,740.00

- 2 of 4 Units leased until mid-December 2021
- 1 of 4 Units leased until mid-November 2021
- 1 of 4 Units leased until mid-October 2021

- Set on 1,214 sq mtr allotment; south/south-west orientation

- 4 Units with total of 11 bedrooms, 8 bathrooms, 4 internal single garages
- Modern design, configuration: 2 x 2 Duplexes, resulting in a complex of 4 Units total
- 900 metres to local shopping centre

- Each Unit is strata-titled, however one owner here so ZERO body corp fees



LET'S TAKE A CLOSER LOOK:

----------UNIT 1

::::: 2 bedrooms, 2 bathrooms, 1 garage
::::: Earning $285/wk until 29/10/21
::::: Potential to increase to $300/wk
::::: General rates: $1,011.87 net 1/2 yr for this Unit
::::: Water access: $338.00 net 1/2 yr per Unit + tenant to pay indiv. metered usage

- Formal entry
- Huge open-plan living and dining area
- Kitchen with electric stove, dishwasher and plenty of cupboards
- Ensuite to main bedroom, with shower, toilet and vanity
- 2 bedrooms total, each with built-in robes
- Main bathroom with bathtub, vanity, separate shower and a handy cupboard
- Private arrival home via internal single garage
- Handy laundry to rear of garage

----------UNITS 2, 3 AND 4

::::: Each 3 bedrooms, 2 bathrooms, 1 garage
::::: Each earning $320/wk until 12/12/21; 12/11/21; 14/12/21 respectively
::::: Potential to increase to $330/wk each
::::: General rates: $1,011.87 net 1/2 yr per Unit
::::: Water access: $338.00 net 1/2 yr per Unit + tenant to pay indiv. metered usage


- Living area ONE: formal lounge room
- Living area TWO: an open-plan family and dining zone
- Kitchen with electric stove, dishwasher and plenty of cupboards
- Main bedroom with reverse-cycle air conditioning
- Ensuite with shower, toilet and vanity
- 3 bedrooms total, each with built-in robes
- Main bathroom with bathtub, vanity and separate shower
- Private main toilet
- Easy arrival home via internal single garage
- Handy Laundry at rear of garage
- Fenced backyard area



WHAT'S NEARBY?

- 500 metres to State Rose Garden and Park via Pottinger St
- 900 metres to endless takeaway options and Wilsonton Shopping Centre
- 1.5km to Newtown Primary School
- 1.9km to Wilsonton High School
- 2.9km to Grand Central Shopping Centre / CBD



ENTIRE UNIT BLOCK INVESTORS, Toowoomba is thriving:

- $1.6 billion Second Range Crossing completed 2019
- New Airport Industrial Park
- New Regional Data Centre
- $500m QIC Grand Central Shopping Centre upgrade completed 2018



IT'S A COLLISION of income and handy location here, so INVESTORS SHOULD SEE.

FOR YOUR CONVENIENCE, we're watching out for your call, text or inbox right now. ACQUIRE NOW AND GAIN!



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

- Local Government Area: Toowoomba Regional Council
- Internet: Each unit can connect to NBN on Fibre-to-the-Node technology (FTTN)
- State School Zone: Wilsonton Primary (P-6, 1.5km); Wilsonton High (7-12, 1.9km)
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

dishwasher

Dishwasher

ensuites

Ensuites: 4

secureParking

Secure Parking

Land details

Area: 1214m²

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