FREEHOLD Income Producing Share Accommodation – Toowoomba, QLD

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

 

 

 

 

 

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State

  • State: Queensland
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