This fantastic property presents a unique opportunity to invest in a Triplex close to the heart of the Toowoomba CBD.

It comprises a sizeable five-bedroom unit and two good-sized one-bedroom units. The Units collectively achieve $845 Per Week, making it the ideal investment for a savvy investor.

The property was built in the 1970s with polished timber floors, large glass windows, french doors and archways. It boasts character and charm. The kitchens have been updated with modern appliances, fantastic for the home chef. Unit 1 has a single lock-up garage, while units 2 and 3 have a carport. There are security screens throughout for your peace of mind.

This five bedroom home would be ideal for a family, while generating income from two additional units. Given its prime CBD location and adjacent commercial properties, canny investors can explore future development and land use while holding an income producing asset.

Features include:
- 1 x 5 Bedroom unit, 2 x 1 Bedrooms Units
- Polished timber floors
- Large glass windows with security screens
- Character and Charm
- Modern appliances
- 1 x Single lock-up garage, 2 x Carports
- Zoned as Residential Conservation
- An operational water bore

SCHOOLS: This Property falls within the school catchment area for Toowoomba North State School and Harristown State High School.

GENERAL TENANCY AGREEMENT: This property is currently tenanted.
Unit 1: $410 Per Week until February 2023
Unit 2: $225 Per Week until March 2023
Unit 3: $220 Per Week until September 2022, current tenancy has been renewed for $230 Per Week until September 2023

GENERAL RATES: $2,635.8 NET Half Yearly Approx.

WATER ACCESS: $349.94 NET Half Yearly Approx.

LAND SIZE: 1,033 sqm* Approx

HOUSE SIZE: 339 sqm* Approx

To arrange an inspection or learn more, contact Leon Carlile on 0418 795 484 or Josh Williams on 0447 404 255.

Features

  • Built-in Wardrobes
  • Floorboards