Where do you find properties of this calibre returning an approx. 8.00% gross rent return? The answer is right here in front of you, only from this block of four comfortable air-conditioned units. All 4 units feature:
- Air conditioning & ceiling fans
- Lounge room
- Bathroom & laundry, and
- Spacious eat in kitchens.
- 2 bedrooms in Units 2 & 4 and 1 bedroom in Units 1 & 3
- Unit 2 has an additional living room
- Rental income is $970.00 per week
- Future budgeted income in January 24 lifts gross rent return to an approx. 8.3%
- No body corporate
- Toowoomba Regional Council land rates approx. $2129.27 half year net & water access charge $314.95 half year net (after on time payment discount) + consumption charge.
Located within walking distance to school, daycare centre, pool, library, shopping centre & town, these highly sought after units are on the market for the first time in many years. So don’t delay, call Leeanne, Kris or George on 07 4630 1161 to arrange an inspection.