$558,000

4 Bed  •  2 Bath  •  4 Car  •  455m²

Main view of Homely block of units listing, 37 Hill Street, Toowoomba City QLD 4350
Floorplan of Homely block of units listing, 37 Hill Street, Toowoomba City QLD 4350
Second view of Homely block of units listing, 37 Hill Street, Toowoomba City QLD 4350
+12

Sold

37 Hill Street, Toowoomba City QLD 4350

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$558,000

  • 4
  • 2
  • 4
  • 455m²

Block of Units Sold on Wed 22 Jun, 2022

What's around Hill Street

Block of Units description

“Valuable INNER-CITY LAND With DUPLEX. Anticipate 5.58% Annual Gross Rent YIELD.”

THIS WHOLE DUPLEX is set on valuable INNER-CITY LAND, corner Hill St & Park Lane beside beautiful Laurel Bank Park - LITERALLY 200 METRES to major Grand Central Shopping Centre!

I SAID: ' Duplex on inner-city corner land !!! '



HERE, it's all about the LOCATION VALUE OF THE LAND and continued likely CAPITAL GROWTH.



INVESTOR QUICK GLANCE:

- 2 x 2 bedrooms Units, each with 1 bathroom & 1 internal garage

- Gross weekly rent $490.00/wk TOTAL
::: When leases end, we suggest you increase rent by $100.00 PER WK TOTAL
- Projected gross return 5.58% p.a. annual rent yield based on Offers Over price
- Current gross return 4.64% p.a. annual rent yield based on Offers Over price

- Unit 1 currently leased at $245.00/wk until 30 September, 2022
- Unit 2 currently leased at $245.00/wk until 1 October, 2022
::: Market Tip: INCREASE by $50 per wk each when leases end !!!

- Get whole title = zero body corp fees
- Recent Rates: Approx $1,500.00 net 1/2 yr
- Recent Water Access: $400.00 net 1/2 yr + use



WHY IS THIS your golden opportunity?

- Set on a 455 SQ MTR corner allotment
- 10 ft ceilings to each Unit
- Built-in robes to 2 x 2 bedrooms

- Unit 1 presented with VJ walls, charming character, updated kitchen with electric cooking, lovely deck off extra-large living area, reverse-cycle air conditioning to living area, garden shed and water tank

- Unit 2 offers a spacious updated kitchen, open plan living, air conditioning and TWO toilets for added value

- Security screens to entire duplex
- Internal access from each single garage
- Internal laundry to each unit



CENTRAL, CENTRAL with everything nearby:

- Wow! Opposite Laurel Bank Park
- 200m to major Grand Central Shopping Centre
- 1.3km to Toowoomba North Primary School
- 3km to Harristown High School



THIS DUPLEX ON VALUABLE LAND is all about the LOCATION VALUE OF THE LAND and the continued likely CAPITAL GROWTH.

ALSO SHOWING capacity to increase rent very soon!

THIS is your opportunity to add a RARE CORNER allotment DUPLEX beside park in the INNER-CITY to your investment portfolio.

FOR YOUR CONVENIENCE, The Jacqui Walker Sells Team is standing by to answer your questions or schedule your inspection. GET THIS VALUABLE LAND WITH DUPLEX NOW!




*****USEFUL INFO courtesy Jacqui Walker Sells:

- Location: Corner Hill Street & Park Lane
- Orientation to Hill Street: South
- Orientation to Park Lane: West

- Allotment Size: 455m2, corner
- Allotment Dimensions: 12.1m deep x 39.4m long

- Internet: Each unit can connect to NBN on Fibre-to-the-Node technology (FTTN)
- State School Zone: Toowoomba North Primary (P-6) and Harristown High (7-12)

- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements & indications.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

secureParking

Secure Parking

shed

Shed

toilets

Toilets: 3

Land details

Area: 455m²
Frontage: 39.4m²

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