3-5 Back Avenue

Chinchilla QLD 4413

HERE at this ENTIRE BLOCK OF 6 UNITS, Jacqui Walker says: ' This Entire Unit Block is showing a 6.76% p.a. gross rent return. Accomplished Investors should run their sums, inspect and purchase now !! '

' MODERN IN DESIGN, your portfolio blossoms here !! ' says selling agent Jacqui Walker, ' With a value-adding Ensuite to ALL 12 Bedrooms ... emphasis on 1 Year lease terms ... and selling 100% leased !! '

INCOME / ASSET QUICK GLANCE:

- 6 Units, each with
::: 2 Bedrooms
::: 2 Ensuite Bathrooms
::: Single Carport UNDER-ROOFLINE

::: That's 12 / 12 / 6 total
::: Also 6 additional ON-SITE carparks

- Current annual rent income: $94,640.00

- 1 Year Lease Terms

::: Unit 1, $220/wk
Last rental increase: 01/11/2023
Lease: 03/01/2025 to 08/01/2026

::: Unit 2, $320/wk
Last rental increase: 05/09/2024
Lease: 11/09/2025 - 16/09/2026

::: Unit 3, $320/wk
Last rental increase: 26/10/2023
Lease: 13/11/2024 - 11/11/2025

::: Unit 4, $320/wk
Last rental increase: 22/01/2024
Lease: 18/04/2025 - 23/04/2026

::: Unit 5, $320/wk
Last rental increase: 22/05/2024
Lease: 08/01/2025 - 13/01/2026

::: Unit 6, $320/wk
Last rental increase: 06/02/2024
Lease: 11/09/2025 - 16/09/2026

- Real Property Description: Lot 1-6 on Survey Plan 254396

- Total combined land area is approx. 2,241 Square Mtrs
::: That's over half-an-acre
::: 40m frontage x 56m deep, approx.

- The 6 Units are comprised of 2 Triplexes

TOTAL OUTGOINGS:

- Recent General Rates and Charges, Western Downs Regional Council: $1,388.55 net after on-time discount PER UNIT per half-year. This amount covers residential rates, and levies for waste and recycling; connected sewerage; standard water access; and state emergency management. Tenants pay for actual water usage.

- Body Corp: All 6 Units held by one owner, therefore, no Body Corp

- Also consider Building Insurance ... Lease Management Fees ... Garden Maintenance ... and Building Upkeep externally and internally

PROPERTY DEEP-DIVE:

- Entrance faces EAST to Back Street
- Triplex 1 faces south
- Triplex 1 faces north

- Thoughtfully-laid pathways
- Security screen door to each Unit

- To the left and right upon FORMAL ENTRY
::: 2 Bedrooms ... tiled = fresh, clean and less wear and tear
::: EACH Bedroom offers ENSUITE with shower, vanity and toilet
::: EACH also with WALK-IN ROBE
::: The Bedrooms in Units 2 and 5 exclusively offer reverse-cycle AIR conditioning

- Each Hallway leads to OPEN-PLAN LIVING AND DINING
::: With reverse-cycle AIR conditioning
::: Fantastic STUDY NOOK, long, with custom cabinetry

- Each KITCHEN overlooks this relaxed zone
::: Under-bench Oven
::: Stove top
::: Rangehood
::: DISHWASHER
::: 2-bowl Sink
::: Plenty of Preparation and Cupboard Space

- Relaxed living leads OUTSIDE TO UNDER-ROOFLINE ENTERTAINING AREAS
::: With enclosed European Laundry Cupboard to each Unit

- Sizeable Backyards, with grass, and Colorbond fencing

PARKING AND ACCESS:

- 12 car spaces total
::: 6 Under-Roofline Carports, 1 to each Unit
::: 6 on-site carparking bays

- Extra-wide entry area, for more harmonious community living

WHAT'S NEARBY?

- 260m to Southern Cross Aged Care
- 600m to TAFE
- 750m to Chinchilla Showgrounds
- 850m to Old Bees Park
- 850m to Jubilee Park
- 850m to Foodworks
- 900m to Chinchilla State High School
- 1.7km to Chinchilla State Primary School
- 1.9km to Woolworths Chinchilla

CHINCHILLA ECONOMIC PILLARS:

- Agricultural sector, especially beef and grain
::: Also pork, sorghum, wheat, oats, barley, and mung beans

- The Coal-seam gas (CSG) industry, including the Kogan Creek Power Station

- Retail, including large retail chains; smaller, independent businesses; and niche markets

WHOLE UNIT BLOCKS where every Bedrooms has an Ensuite are not common.

ACCOMPLISHED INVESTORS should run their sums, inspect and purchase BY NEGOTIATION.

HERE TO HELP, The Jacqui Walker Sells Team is available to answer your questions and to arrange your on-site inspection. VIEWING RECOMMENDED.

***Images: We advise that some images containing grass have been digitally enhanced.

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