Dual options to buy and rent the existing house or convert and operate as a business
Located in the highly popular Mort Estate precinct, this property is just seconds to the CBD as well as many of Toowoomba's boutique eateries & cafes which provides an ideal opportunity for the investor or business entrepreneur. Zoned light industry which may allow future development in a commercial sense (subject to council approvals), you could acquire this inner city dwelling and lease it to the residential rental market while planning for future development opportunities.
Having recently undergone a face lift - including new floor coverings, a full internal repaint, a new roof and partially re-stumped - this property will make for an attractive rental property; and has enjoyed solid returns over the past 4 years.
The location of this property lends itself perfectly for light industry business - with their already being a design studio, mechanic and other speciality businesses operating within the street.
The property features: - Character charm throughout including VJ walls, high VJ ceilings, fret work, timber floorboards (covered), front porch. - 3 huge bedrooms, one with a walk in wardrobe or private study. - Large lounge room with a fireplace/heater. - Dining located directly off the kitchen. - Generous kitchen with upgraded 900mm cooker. - Bathroom with separate toilet. - Single car carport. - Fully fenced yard.
RealWay Property Partners is proud to present 68 Mort Street, North Toowoomba to the market. To arrange a private viewing, please call Cooper on 0427 557 654 or join us at the next open home.