41 Raff Street, Toowoomba City QLD 4350

Located within walking distance to the CBD and public transport, sits 5 flats (1 & 2 bedrooms) on a 898m2 allotment. The complex has an excellent rental history with some tenancies beginning in 2011, currently returning a combined rent of $800 p/week, that's a gross return of around 7.3%! Zoned as residential conservation in a growing precinct of Toowoomba ensures the capital growth will be strong well into the future.

Flat 1: 1 Bedroom 1 Bathroom rent appraised at $155 per week
Flat 2: 1 Bedroom 1 Bathroom leased at $155 per week (Lease end July 2017)
Flat 3: 2 Bedroom 1 Bathroom leased at $175 per week (Lease end July 2017)
Flat 4: 2 Bedroom 1 Bathroom leased at $175 per week (Lease end October 2017)
Flat 5: 1 Bedroom 1 Bathroom Leased at $140 per week (Lease end Apr 2017)

Council rates are approximately $4,500 per annum. The owner pays the insurance direct himself. The grass cutting is carried out by a contractor as needed.

Call Daniel Burrett today to arrange your private inspection!