411/532-544 Ruthven Street, Toowoomba City QLD 4350

Offering an incredible investment opportunity in the heart of Toowoomba's CBD with a guaranteed rental return of $2,417.11per/month (7.25% gross return), this interconnecting/dual key 2 x bedroom, 1 x bathroom apartment unit and 1 x bedroom, 1 x bathroom studio unit which has a lease in place until 30th of March 2022, would make the ideal addition to your rental portfolio with the option to extend the lease, or the owner occupier that would like to move and live in the entire apartment upon the lease completion, or move into 1 of the apartments and continue to rent the other apartment out.

Apartment 421:

- Modern kitchenette with sink, fridge and electric cooking
- Open bedroom/living room with built-in desk and air-con
- Bathroom with shower, vanity and toilet, storage cupboards

Apartment 422:

- Modern kitchen with electric appliances including dishwasher
- Open plan and air-conditioned lounge and dining, balcony
- Two good sized built-in bedrooms, built-in laundry in room
- Bathroom with shower over full-sized bathtub, vanity and toilet

Additional Features:

- Ceiling fans throughout, secure parking to the apartments for 1 x car
- Complex offers a heated swimming pool, spa, gymnasium, and BBQ area
- Guaranteed rental income of $2,417.11per month until 30th March 2022
- Once lease expires, option to live in one apartment and rent the other out
- Set in the heart of Toowoomba's CBD, walk to shops, restaurants and bars
- Body Corp $1,197.05 net per/quarter plus annual $315.28 for insurance
- Furniture rental fee of $259.80 per month which is deducted from rent