THIS WHOLE DUPLEX of 2 Flats in Newtown IS CURRENTLY YIELDING an attractive 5.8% annually in rent, based on the Offers Over Price; and it's presented by Harsha Kumarasinghe for The Jacqui Walker Sells Team. SHOWING A SOLID RENTAL HISTORY, with good leases currently in place, BOTH FLATS HERE are on ONE TITLE and both are SELLING ALTOGETHER. FLAT 2 features an updated Kitchen and Bathroom. INVESTOR QUICK-GLANCE: - 2 x Flats, side-by-side ... mirror image, selling as a Whole Duplex on 1 Title - Across 2 Flats get total of 4 Bedrooms / 2 Bathrooms / 2 Internal Garages - 713 Sq Mtr allotment, with side and rear boundary fencing - Right now, showing Gross Annual Rent Income of $37,700 ::: Unit 1 earning $360/wk until late-January, 2025 ::: Unit 2 earning $365/wk until mid-September, 2025 - This results in anticipated gross rent return of 5.8% p.a. based on the Offers Over price - Recent General Rates and Charges: $1,792.93 net half-year - Recent Water Infrastructure Charge: May be $315.29 net half-year PER UNIT, then in general terms, usually the Tenants would pay consumption - Entire duplex = ZERO body corp fees - South-east orientation to street SO LET'S ZOOM IN on this opportunity: - Flat 1 remarks ::: Reverse-cycle AIR Conditioning to Living Room ::: Neat original Bathroom with shower and vanity - Flat 2 remarks ::: NICELY UPDATED Kitchen and Bathroom - Each with INTERNALLY ACCESSIBLE Single Garage - Light-filled NORTH-EAST facing Living Rooms, to capture the whole day's lovely passing sun - Each spacious eat-in Kitchens will comfortably host a 6-SEATER DINING Table - Each with 2 spacious Bedrooms, and CEILING FANS - Each Laundry Room offers a washtub, cupboard, appliance space and easy outdoor access to clotheslines in the shared backyard - Value-adding SECURITY SCREENS - Off-street visitor parking space WHAT'S NEARBY? - So handy! BUS STOP AT DOOR - 450m to Newtown Primary School - 450m to The Glennie School - 550m to open, sprawling Norman Park - 550m to Clifford Gardens Shopping Centre - 750m to St Mary's College - 850m to Laurel Bank Park - 1.1km to Clifford Park Racecourse - 2.0km to Grand Central Shopping Centre / CBD - 2.2km to Toowoomba Hospital - 2.7km to Harristown High WHAT A COMBINATION: Showing a 5.8% gross annual rent yield based on Offers Over price ... nice updates to Flat 2 ... and good leases to both Flats ... on a great-sized in-town Allotment. WHOLE DUPLEXES ARE THIN ON THE MARKET, so take action now on this opportunity to add a set of Duplex flats - showing current solid earnings - to your investment portfolio. TOOWOOMBA IS BOOMING with Investors capitalising on the $1.6 billion Second Range Crossing, Airport Industrial Park, Regional Data Centre, new food precincts - and the $500m QIC Grand Central Shopping Centre upgrade. FOR YOUR CONVENIENCE, we're available right now to answer your questions or to arrange your inspection. SEE THIS DUPLEX NOW! ***HANDY INFO AND SUMS courtesy of The Jacqui Walker Sells Team: - Title: 2 Flats on 1 Title - Real Property Description: Lot 2 on Registered Plan 112708 - Built: Properly 1976-79 - Local Government Area: Toowoomba Regional Council - Internet: Each flat has NBN connectivity via Fibre-to-the-Node, FTTN - State School Zone: Newtown Primary, P-6; and Harristown High,7-12 - Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.
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