264 Tor Street, Rockville

Offers Considered beginning in range of $1,200,000 to $1,250,000

Anticipate 6.28% Gross Rent Yield On This Quadplex Of 4 Units Near Private Hospital

SELLING ALTOGETHER, The Jacqui Walker Team presents this WHOLE BLOCK OF FOUR UNITS only 210 metres to the grounds of St Andrew’s Private Hospital.

ASSET QUICK GLANCE:

– Known as ‘Hummingbird Apartments’
::: Currently rented to short-stay guests
– 4 Units selling altogether on 809 sq mtr allotment
– Reverse-cycle air conditioning and ceiling fans in all living rooms and all bedrooms
– Immaculately presented inside and out

– Units 1 and 2:
::: Each with 2 bedrooms, 1 bathroom, garage
::: Spacious open-plan living/dining, also a laundry
::: Fully renovated to look brand-new
::: Selling with attractive furniture
::: We believe these 2 Units could earn LEASE income of $375.00 EACH per week

– Unit 3
::: 2 bedrooms, 1 bathroom, carport
::: Spacious open-plan living/dining, also a laundry
::: Built 2018
::: Selling with attractive furniture
::: We believe this Unit could earn LEASE income of $375.00 per week

– Unit 4:
::: 1 bedroom, 1 bathroom, carport
::: Spacious open-plan living/dining, also a laundry
::: Built 2018
::: Selling with attractive furniture
::: We believe this Unit could earn LEASE income of $325.00 per week

ANTICIPATED INCOME:

– Individual proposed lease income amounts are above
– Likely income approx $1,450.00 per week
::: That’s $75,400 per annum
::: Equates to 6.28% p.a. gross rent yield based on Offers Over price
– Always in demand, with:
::: Private Hospital only 210 metres away
::: Sprawling Wilsonton Shopping Centre 620 metres away

OUTGOINGS:

– Body Corp: None, nada, nil … selling as a whole complex
– Recent General Rates: $1,600.26 net 1/2 yr
– Recent Water Access: $330.15 net 1/2 yr
– Building Insurance: $838.08 per year, specific to Current Owner’s policy

TOOWOOMBA ECONOMIC SNAPSHOT:

– Toowoomba region population approx. 170,000
– Toowoomba has a gross regional product of $11.56 billion

– Toowoomba is the gateway to the west
::::: Abundant gas and oil resources
::::: Significant rural wealth

– Inland city showing huge growth
::::: $1.6 billion Second Range Crossing completed 2019
::::: $500m QIC Grand Central Shopping Centre upgrade completed 2018
::::: New International Freight Airport
::::: New Airport Industrial Park
::::: New Regional Data Centre

– 80 mins drive to Brisbane, flights available
– Under 2 hours drive to Gold Coast

WHAT A COMBINATION: The forecast 6.28% annual rent yield … the Private Hospital location … the contemporary presentation! THIS IS DEFINITELY THE QUADPLEX TO HAVE.

FOR YOUR CONVENIENCE, The Jacqui Walker Team is standing by right now for your call, text or inbox to arrange your INSPECTION OF THIS HIGH-YIELDING QUADPLEX NEAR PRIVATE HOSPITAL. SEE NOW!

***USEFUL INFO courtesy of Jacqui Walker:

– Internet: Can connect to the NBN via Fibre-to-the-Node technology (FTTN)
– Local Government Area: Toowoomba Regional Council
– State School Zone: Wilsonton Primary (P-6; 1.3km) and Wilsonton High (7-12; 950m)
– Disclaimer: All care taken, however you’re encouraged to independently verify all figures and indications.