123 South Street, Centenary Heights, Qld 4350

INVESTOR QUICK GLANCE:

– 2 level complex of 4 UPDATED units
– Strata-titled, selling all 4 together
– Currently yielding 5.2% gross annual rental yield
– Gross lease income $880.00 per week currently
::::: Each Unit earns $220.00 per week
:::::::::: Our opinion of market rental worth is $250.00-$260.00/wk per Unit
:::::::::: Increase each lease at renewal … desirable part of town!
:::::::::: End result could be 6.14% p.a. gross rent yield

– Believable BECAUSE one is about to be signed-up at this new higher amount, and they’re all in a very similar condition!!!

– 3 of 4 Units leased through to mid-Feb 2022; and 1 Unit converting from periodic to fixed leased at the higher forecast amount right now
– Outgoings provided below

SITE AND STRUCTURE:

– Desirable eastside position
– 729m2 allotment
– Possibility exists to build additional units (STCA)
– Brick construction, metal roof to 2 level complex of 4 UPDATED units
– 4 carports
– Low maintenance gardens

UNITS DEEP-DIVE:

– The upstairs Units capture lovely sweeping EAST VIEWS
– Floating timber floors and updated carpets
– Updated kitchens
– Updated bathrooms
– Spacious living and dining rooms
– 2 bedrooms to each unit, all with built-in robes
– Internal laundries to each unit
– Toilet separate to bathroom in each unit
– Private balconies upstairs
– A single carport on-side for each Unit
– Best possible internet connectivity, with fibre to each Unit not just the street

WHAT’S NEARBY?

– 210 metres to park
– 400 metres to Centenary Heights High School
– 400 metres to a vibrant shopping precinct
– 1.2km to Rangeville Primary School

TOOWOOMBA IS BOOMING. Check-out all these recent infrastructure upgrades:

– $1.6 billion Second Range Crossing
– Airport Industrial Park
– Regional Data Centre
– Emerging food and laneway precincts
– $500m QIC Grand Central Shopping Centre extension

THE CURRENT OWNERS seek to realise their capital gain so this is your opportunity to add a RARE QUADPLEX site to your investment portfolio.

FOR YOUR CONVENIENCE, we’re available right now to answer your questions. BOOK YOUR INSPECTION NOW!

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

– Outgoings:
::::: Recent General Rates approx $960.00 net per unit per 1/2 yr
::::: Recent Water Access approx $305.00 net per unit per 1/2 yr + consumption
::::: ZERO body corp

– Local Government Area: Toowoomba Regional Council

– Internet: Can connect to NBN via Fibre-to-the-Premises technology (FTTP)

– State School Zone: Rangeville Primary (P-6, 1.2km); Centenary Heights High (7-12, 400m)

– Disclaimer: All care taken, however you’re encouraged to independently verify all figures and indications.