Located in one of Toowoomba's most desired suburbs and conveniently located within walking distance to the ever popular University of Southern Queensland, Kmart Plaza Shopping Centre, schools and lush parkland, this set and forget investment will not last long in the thriving Toowoomba market! With a motivated seller eager to sell at auction this is your chance to secure a unique piece of quality real estate!
This 11 year old triplex is in excellent condition and has been well cared for over the years. The triplex offers two x 2 bedroom spacious units with a generous sized main bathroom and separate toilet. Both units have a thoughtful layout with combined dining and lounge with seperate outdoor entertaining areas.
Unit 3 located at the rear of the complex has a luxurious floor plan boasting three large built in, carpeted bedrooms along with two spacious bathrooms. The gourmet style kitchen and open plan light filled living areas are perfect for year round entertaining.
At a glance:
Unit 1 is currently returning $335 per week
Unit 2 is currently returning $325 per week
Unit 3 is currently returning $350 per week with the new rent increased to $375 per week starting January 2022.
Weekly gross return starting January 2022 is $1035 per week.
Annual gross return is $53,820
• Convenient location
• Large 847m2 allotment in private cul de sac position
• Solid brick construction
• Generous and stylish units with a modern feel
• Only 11 years old
• No body corp fees
• All units have crim safe on doors
• Reverse cycle air conditioning for year round comfort
• Remote lock up car accommodation for each unit
• Low maintenance
• Single title with the potential to strata title and sell each unit individually subject to Toowoomba council approval.
This brilliant triplex offers the astute investor continued rent returns and long term capital growth. Properties of this quality and potential.
Please enquire if you require more information!
Rates: Approximately $2562.49 per half year
Water Access: Approximately $314.95 per half year
AUCTION DETAILS:
14th December 2021, From 6.00pm
Ray White Toowoomba, 580 Ruthven Street
Due to COVID19 restrictions in room auctions are considered "invite only". Only people who have displayed an intent to purchase the property throughout the campaign should attend in person. Can't attend? Watch the auction online!
https://raywhitetoowoomba.com/watch-our-auctions-live
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When inspecting a property, the following guidelines will be required, and your assistance appreciated -
Physical distancing should always be observed.
No more than one person per 2 square metres for areas open to or used by guests or patrons, whether indoors or outdoors.
All persons to remain at least 1.5 metres away from other groups where possible.
The agent conducting the inspection will complete and retain (and produce for inspection as may be required), a written/or digital collection notice that complies with all legal requirements and directions.
We are here to help you with your property search and with the lowest interest rates ever available there has never been a better time to buy.
