123 South Street

Centenary Heights QLD 4350

- Currently yielding 5.2% gross annual rental yield
- Gross lease income $880.00 per week currently
::::: Each Unit earns $220.00 per week
:::::::::: Our opinion of market rental worth is $250.00-$260.00/wk per Unit
:::::::::: Increase each lease at renewal ... desirable part of town!
:::::::::: End result could be 6.14% p.a. gross rent yield

- Believable BECAUSE one is about to be signed-up at this new higher amount, and they're all in a very similar condition!!!

- 3 of 4 Units leased through to mid-Feb 2022; and 1 Unit converting from periodic to fixed leased at the higher forecast amount right now
- Outgoings provided below

SITE AND STRUCTURE:

- Desirable eastside position
- 729m2 allotment
- Possibility exists to build additional units (STCA)
- Brick construction, metal roof to 2 level complex of 4 UPDATED units
- 4 carports
- Low maintenance gardens

UNITS DEEP-DIVE:

- The upstairs Units capture lovely sweeping EAST VIEWS
- Floating timber floors and updated carpets
- Updated kitchens
- Updated bathrooms
- Spacious living and dining rooms
- 2 bedrooms to each unit, all with built-in robes
- Internal laundries to each unit
- Toilet separate to bathroom in each unit
- Private balconies upstairs
- A single carport on-side for each Unit
- Best possible internet connectivity, with fibre to each Unit not just the street

WHAT'S NEARBY?

- 210 metres to park
- 400 metres to Centenary Heights High School
- 400 metres to a vibrant shopping precinct
- 1.2km to Rangeville Primary School

TOOWOOMBA IS BOOMING. Check-out all these recent infrastructure upgrades:

- $1.6 billion Second Range Crossing
- Airport Industrial Park
- Regional Data Centre
- Emerging food and laneway precincts
- $500m QIC Grand Central Shopping Centre extension

THE CURRENT OWNERS seek to realise their capital gain so this is your opportunity to add a RARE QUADPLEX site to your investment portfolio.

FOR YOUR CONVENIENCE, we're available right now to answer your questions. BOOK YOUR INSPECTION NOW!

***USEFUL INFO courtesy of Jacqui Walker Sells Sensational Moves:

- Outgoings:
::::: Recent General Rates approx $960.00 net per unit per 1/2 yr
::::: Recent Water Access approx $305.00 net per unit per 1/2 yr + consumption
::::: ZERO body corp

- Local Government Area: Toowoomba Regional Council

- Internet: Can connect to NBN via Fibre-to-the-Premises technology (FTTP)

- State School Zone: Rangeville Primary (P-6, 1.2km); Centenary Heights High (7-12, 400m)

- Disclaimer: All care taken, however you're encouraged to independently verify all figures and indications.