32 Frame St, Chinchilla QLD 4413

Solid 4 bedroom brick home built in 2010 on 861m2 block with northerly front aspect.
Main bedroom is positioned at the rear of the home and ensuited and walk-in robe.
The home has fully ducted air conditioning
The 3 other bedrooms have built ins and ducted air.
Private Media room at the front
Positioned on a 861m2 in a quiet estate
Fenced huge back yard with double gate vehicle access
Ample room to add a man shed and more.
The current tenants would would like a large shed and happy to adjust the rent.
This could turbo charge your investment.

Long term tenants since 2014 and currently rented at $290.00 per week to 5th of September 2020.

TURBO CHARGE this INVESTMENT.
The tenant would like a 9m x 7m shed installed in the back yard for his cleaning business.
He would pay and extra $100 a week for this shed. Spend roughly $20k for an extra $5,200.
Option 1. $290 a week x 52 = $15,080 / $210k = 7.18%
Option 2. $390 a week x 52 = $20,280 / $230k = 8.8%
The tenants would sign a 3 lease lease with $20 yearly increases.
Now that is impressive and worth considering.

Contact the Exclusive Marketing Agent Warren Daniells on 0427 468 591 for more information and to inspect.

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details