243 Nelson Street

Kearneys Spring QLD 4350

INVESTOR QUICK GLANCE:

- Capital outlay: $825,000
- Yielding gross rent return 5.13% p.a.

- Current annual rent income $42,380.00

- 2 of 3 Units leased until mid-November 2021
- 1 of 3 Units leased until mid-May 2021
- Very solid tenant history, all current tenants in place 3-6 years

- Set on an 840 sq mtr south-facing allotment
- Brick construction with Colorbond roof

- 3 Units with total of 6 bedrooms, 3 bathrooms, 3 internal single garages
- 800 metres to University grounds; bus stop on doorstep

BUILT in 1999, each Unit offers:

- Kitchen with breakfast bar, electric cooking and pantry
- Open-plan lounge and dining area
- 2 Queen-size bedrooms, each with built-in robes
- Large bathroom with bath, separate shower and vanity
- 1 private toilet
- A European laundry, easy clothesline access and linen cupboard
- Easy internal access to single internal garage
- Private courtyard and good-sized backyard to each Unit
- Security screens

SO LET'S ZOOM IN on special features to various Units:

- Unit 1
::::: Large reverse-cycle air conditioner to living area
::::: Private fenced courtyard to FRONT
::::: The garage here is remote-controlled
::::: Room to park a 2nd car in-front of garage
::::: Income: $265.00/wk until mid-Nov 2021

- Unit 2
::::: Beautiful timber-vinyl plank floors throughout, with carpeted bedrooms
::::: 2021 Updates: new concrete patio and awning
::::: Room to park a 2nd car in-front of garage
::::: Income: $275.00/wk until mid-May 2021

- Unit 3
::::: Absolutely stunning, the largest of the 3 Units
::::: Gorgeous outdoor undercover area boasts a gorgeous garden
::::: Walk-in robe to master bedroom, with ceiling fan
::::: Particularly large built-in robe to 2nd bedroom, also with ceiling fan
::::: 2021 Updates: New stove and cooktop; new concrete patio and awning
::::: 2020 Updates: New hot water system installed; new sunshade external blinds; new ceiling fans installed
::::: Income: $275.00/wk until mid-Nov 2021

SO WHAT'S NEARBY?

- Bus stop at door
- Wow! 120 metres to Paradise Park
- Easy! 800 metres to University grounds
- 530 metres to Uniplaza convenience shopping
- 540 metres to Mirambeena Childrens Centre
- 1.8km to Darling Heights Primary School
- 2.9km to Kmart at Toowoomba Plaza

ENTIRE UNIT BLOCK INVESTORS, Toowoomba is thriving:

- QILT 2020 results declare nearby University of Southern Queensland recorded increases in teaching quality and student support rankings during COVID-19, bucking a national trend
- $1.6 billion Second Range Crossing completed 2019
- New Airport Industrial Park
- New Regional Data Centre
- $500m QIC Grand Central Shopping Centre upgrade completed 2018

EXTREMELY WELL-PRESENTED, this low-maintenance beautiful TRIPLEX boasts upgrades, income, solid leases and on-site parking - all in a PRIME UNIVERSITY LOCATION.

FOR YOUR CONVENIENCE, we're available right now to answer your questions or to confirm your inspection time. GET AND GAIN NOW!

***USEFUL SPECS courtesy of Jacqui Walker:

- Age: Built 1999
- Zoned: Mixed Density Residential
- Land Use: Multi Unit Dwelling (Flats)
- Allotment Dimensions: 35.1m deep x 24.1m wide approx
- Allotment Size: 840 sq mtrs
- Real Property Description: Lot 9 on RP861254
- Local Government Area: Toowoomba Regional Council

- State School Zone: Darling Heights Primary (P-6, 1.8km); Harristown High (7-12, 3.8km)
- Internet: Can connect to the NBN via Fibre-to-the-Premises technology (FTTP)

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