- Post Updated: 2023-10-27 13:16:28
- Status: For Sale
- Type: Business & Property Businesses For Sale Freehold/Business Income Producing Properties
- Location: Queensland
- Business ID: BS156212
Description
RARE INVESTMENT – DUPLEX ACCOMMODATION – TOTAL WEEKLY INCOME $1,710
48 WEST ST, TOOWOOMBA CITY
This is a rare opportunity to buy fully setup Share Accommodation so close to the CBD – with a High Gross Return.
Established 15 years ago, the duplex features 2 immaculate share accommodation units with fixed term leases in place – delivering $1,710 per week for 6 rooms fully occupied.
- Solid construction, brick-and-tile duplex – 14 minutes’ walk to city centre
- Immaculately presented inside and out – Fully furnished (including linen) – Fast NBN
- Off street parking for 6 cars – Fully fenced – Low maintenance established gardens
- Separately metered for electricity and water
- Minimum 4-month lease – Bonds lodged with the RTA
- Excellent guests (tenants) – Some in residence for over 3 years
- Currently owner-operated – Active website – 5-Star rating on Google
- The Toowoomba Region is expected to grow to a population of over 241,000 by 2051 – with 116,000 jobs.
UNIT 1: 3 bedrooms – all with ensuites – Rental return $880 per week
UNIT 2: 3 bedrooms – all with ensuites – Rental return $830 per week
www.shareaccommodationtoowoomba.com.au
With its strong economy, beautiful location, warm sunny climate, and rapid population growth, Toowoomba is considered a smart investment by real estate experts.
Offering the community feel of a regional destination, Toowoomba has excellent infrastructure, public transport, and new development – which translates to an enviable return on your investment.
50 West St Toowoomba also available – Click here to view: https://www.ctoc.com.au/property/freehold-accommodation-investment-property-toowoomba-qld-50west
FREEHOLD PRICE: $820,000
View on map / Neighborhood
State
- State: Queensland