1/15 Shelby Street

Glenvale QLD 4350

OPPORTUNITY ALERT: This whole Duplex is strata-titled. You can buy one, or buy both!

HARSHA'S TOP TAKEAWAY: ' Savvy Investors are looking for rare Duplexes under 1km to 2 schools. This is one of those! '

THE ASSET:

- Whole Duplex of 2 Units here
::: Buy ONE or Buy BOTH
::: Set on a 562 Sq Mtr Allotment, north-aspect to street

- Total of 6 Bedrooms / 4 Bathrooms / 2 Car Accomm

- Each Unit offers
::: 3 x Bedrooms
::: 2 x Bathrooms
::: 1 x Internal lock-up Single Garage, fitted with a remote-controlled door

- Built around 2017/2018
::: This leaves many years of tax depreciation benefits still available

THE SUMS:

- Gross rent yield 4.34% p.a., based on Offers Over price for this whole Duplex

- Unit 1 currently earning $450.00 per week on 12 month lease until Nov 2025
- Unit 2 currently earning $470.00 per week on 12 month lease until Jun 2026
::: Current total weekly income $920.00

- Current annual income $47,840.00

- Recent General Rates and Charges:
::: Unit 1: $1,341.01 per half-year, BEFORE any on-time discounts or concessions which may apply
::: Unit 2: $1,341.01 per half-year, BEFORE any on-time discounts or concessions which may apply

- Recent Water Infrastructure Charge:
::: Unit 1: Generally $315.29 net PER UNIT + consumption
::: Unit 2: Generally $315.29 net PER UNIT + consumption

- If the sale is split on a per Unit basis, generally the 2 Adjoining Owners would share Building Insurance costs and agree on a simple lawncare plan

- Last Rent Increase:
::: Unit 1: 22 November 2024
::: Unit 2: 11 June 2024

DEEPER-DIVE:

- Brick and wood external construction

- Tenants or Owner-Occupiers may like to park their 2nd Car in front of Garage allocation
::: Wide double driveway

- Welcoming front Porch to each side-by-side Unit

- Feature Front Door with inset opaque horizontal glass

- Relaxed open-plan living and dining

- The Kitchens with ISLAND COUNTER overlooks the happiness
::: Stone surfaces
::: Breakfast bar
::: Oven, stovetop and rangehood
::: Recess for a large fridge
::: Abundance of cupboards and multiple pantry options

- All this leads to happy outdoor entertaining

- Ceiling fan and built-in robe to ALL BEDROOMS
::: Master Bedrooms with ENSUITE and WALK-IN ROBE

- Each Main Bathroom hosts a shower, toilet, vanity and bathtub

- Handy Laundry Zone in each Garage

NEARBY:

- 550m to the grounds of Glenvale Christian School
- 950m to Glenvale State Primary School
- 1.8km to Glenvale Park
- 2.0km to convenience of Glenvale Shops
- 4.1km to Clifford Gardens Shopping Centre
- 5.0km to Harristown High School
- 6.2km to Grand Central Shopping Centre / CBD

TOOWOOMBA ECONOMIC SNAPSHOT:

- Toowoomba region population approx. 170,000
- Toowoomba has a gross regional product of $11.56 billion
- Toowoomba is the gateway to the west
::: Abundant gas and oil resources
::: Significant rural wealth
- Inland city showing huge growth
::: $1.6 billion Second Range Crossing completed 2019
::: $500m QIC Grand Central Shopping Centre upgrade completed 2017
::: International Freight Airport
::: Airport Industrial Park
::: Regional Data Centre
- 80 mins drive to Brisbane, flights available
- Under 2 hour drive to Gold Coast

THIS WHOLE DUPLEX, with option to buy one or buy both, is well-positioned to 2 Schools. Selling with income and strata-titled, it's your move!

HERE TO HELP, The Jacqui Walker Sells Team is standing by to answer your call, text message or online inquiry. SEE SWIFTLY!

*****USEFUL DETAIL compliments of The Jacqui Walker Team:

- Real Property Description is Lot 1 and Lot 2 on Survey Plan 298701

- Local Government Area: Toowoomba Regional Council

- State School Zone: Glenvale Primary, P-6; Harristown High, 7-12

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

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