8 Link Street

North Toowoomba QLD 4350

INVESTOR QUICK GLANCE:

- 12 Units, each with 2 Bedrooms, 1 Bathroom and 1 Carport

- The 12 Units are comprised of 6 Duplexes, completed in stages across 2013-2018

- Current annual rent income: $231,660.00

- Gross rent return 4.92% p.a.

- Scroll below for Outgoings

- Scroll below for list of LOW-MAINTENANCE features

SOLID LEASES:

- Selling 100% leased

- Emphasis on 1 Year Lease Terms

- Managed by the Property Management Team at our office, REMAX Success

::: Unit 1 - $360.00/wk - until 01/04/2026, rent last increased 09/09/2024

::: Unit 2 - $360.00/wk - until 08/09/2025, rent last increased 24/09/2024

::: Unit 3 - $365.00/wk - until 10/11/2025, rent last increased 10/11/2024

::: Unit 4 - $375.00/wk - until 04/02/2026, rent last increased 25/02/2025

::: Unit 5 - $365.00/wk - until 05/01/2026, rent last increased 09/07/2024

::: Unit 6 - $390.00/wk - until 20/07/2026, rent last increased 16/07/2025

::: Unit 7 - $390.00/wk - until 03/08/2026, rent last increased 02/08/2025

::: Unit 8 - $365.00/wk - until 22/09/2025, rent last increased 04/09/2024

::: Unit 9 - $360.00/wk - until 20/12/2025, rent last increased 18/06/2024

::: Unit 10 - $375.00/wk - until 30/03/2026, rent last increased 25/03/2025

::: Unit 11 - $375.00/wk - until 06/04/2026, rent last increased 02/04/2025

::: Unit 12 - $375.00/wk - until 03/03/2026, rent last increased 04/03/2025

- Are North Toowoomba rental properties highly demanded? Generally always, and definitely now in the current rental market, with lower supply than demand

TOTAL INCOME AND MAJOR OUTGOINGS:

- Current annual rent income: $231,660.00

- Recent General Rates and Charges: $5,763.11 + $5,800.61 gross per half-year

- Water Infrastructure Charge: Approx $1,320.00 per half-year, then Tenants pay consumption

- Body Corp: entire Complex held by one owner, therefore, no Body Corp

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

THE ALLOTMENTS:

- Entrance faces west to Link Street

- Set on two titles with NO overlapping easements

::: 8 Link Street is Lot 9 on Registered Plan 50021

::: 10 Link Street is Lot 10 on Registered Plan 50021

::: Total combined land area is approx. 2,906 Square Mtrs

THE BUILDINGS:

- The 12 Units are made up of 6 Duplexes

- Brick-veneer buildings

- Modern design

- Steel-frame construction reduces potential impact of White-Ant damage

- Completed in stages 2013-2018

EACH UNIT FEATURES:

- Spaciousness across 2 Bedrooms, 1 Bathroom and 1 Carport

- Reverse-cycle air conditioning

- A dishwasher

- Water efficient devices

- 400 litre Solar hot water system

- Well-designed bedroom cupboards with shelves, hanging space and additional higher shelves

- Internal additional data access points for television streaming

- ANL security screens and security doors

- Desirable shade to each Unit from carport

- Best possible internet connectivity, with NBN to each Unit rather than only to the street, FTTP

EASY LONG-TERM MAINTENANCE:

- 12 aluminium mail boxes, sealed in a pack

- Durable retaining walls: concrete post and concrete sleepers, and each less than 1m high

- Durable Colorbond steel fencing

- Rubber bumpers to 4 visitor carparks to PROTECT fence

- Durable well-protected power box is SHELTERED within an extra skin in a concrete-based steel enclosure

- Front 4 units have LED fluro lights which NEVER need maintenance

- Virtually maintenance-FREE backyards, with landscaping stone

::: Except unit 7

- Emphasis on EASY-CARE plants and low-maintenance common areas

PARKING AND ACCESS:

- 16 carparks total

::: 4 Visitor carparks at front

::: 12 Carports, 1 to each Unit

- Extra-wide driveway, for more harmonious community living

- Ample space for trade/delivery vehicles to park

- Opportunity exists to add an electronic gate

::: The entrance has been designed for this, with power outlet/cable conduit in place

- Wide street

ALSO:

- 50% of Units have a ceiling fan to each bedroom

- All Units are fitted with low power-usage Fluro light tubes in living areas

- Each Unit is individually metered - read and billed by agent for water supply

- Solar electrical roof systems

::: Each is 3kW per unit except Units 9 and 10 at 1.5kW

- 6 rear Units have water tanks for grey-water use in toilets and washing machine

- All units have functioning water pressure reducers

::: This is because Link Street is noted for high water pressure

::: 50mm poly main Water line to Unit block

WHAT'S NEARBY?

- We understand that the land along the whole street on the west side is owned by the Council

- Bordered by nicely presented Council parklands at rear and on half of one side

::: Park offers tennis courts, shade and swings!

- 350 metres to Bus Stop

- 800 metres to Bunnings

- 850 metres to Coles and Aldi at Northpoint Shopping Centre

- 1.8km to Toowoomba State High School

- 2.0km to Harlaxton Primary School

- 2.0km to 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

::: $1.3 billion dollar upgrades on the way for New Toowoomba Hospital in Cranley

::: $215 million New Toowoomba Region Sports Precinct in Charlton as part of Council's Sports Precinct Master Plan

::: $1.6 billion Second Range Crossing completed 2019

::: 2017 completion of modern local Airport with International Freight Handling, and $500m redevelopment of major inner-city Shopping Centre

::: Airport Industrial Park

::: Regional Data Centre

- 80 mins drive to Brisbane, flights available

- Under 2 hour drive to Gold Coast

THIS ENTIRE UNIT BLOCK shows an ATTRACTIVE YIELD and a long list of LOW-MAINTENANCE features.

NOW SOLD by Jacqui Walker.

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