Investors, Seven Percent Gross Return
Block of Units
Sold
Property Information
- Land area approx 976sqm
Property Features
- Carports 4
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This four by two bedroom apartment complex represents an excellent addition to any investors portfolio. Fully occupied with long-term tenants and refurbished over time, this complex on one title returns $1,025 per week, with a 7.07 per cent gross return on investment. Situated within walking distance to the State Rose Garden, schools and shopping, whilst Toowoomba experiences unprecedented infrastructure projects.
Each apartment features an open lounge and dining area Two bedrooms to each apartment with personal storage Bathrooms with shower recess, basin and toilet Separate laundries; security screening Three bay shed/garage and single carport car accommodation 5.2% net return based on current owner's outgoings Average return per unit at $250/week ensures limited vacancies Extraordinary Joe cafe is 60 metres away 1.7 kilometres to Toowoomba's Central Business District 15.5 kilometres to Brisbane West Wellcamp Airport
Location and Amenities
Nearby Government Schools
Newtown State School, Toowoomba West Special School, Clifford Park Special School, Toowoomba North State School, Wilsonton State School, Wilsonton State High School, Harristown State High School & Harristown State SchoolNearby Private Schools
Our Lady of Lourdes Primary School, St Ursula's College, The Glennie School, St Mary's College, Holy Name Primary School, Sacred Heart Primary School, St Anthony's School & Concordia Lutheran CollegeContact The Agency Toowoomba for more information.
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