4
8
11

317 Bridge Street,
Newtown Queensland 4350

Price: Block of 4 Units - Offers Over $1,195,000

Investors: This BLOCK OF 4 UNITS Earns 5.39% Gross Rent Return Yearly.

INVESTORS get LONG LEASES to late 2021 and INCOME FROM DAY 1 here at this purpose-built Quadplex of 4 Strata-Titled Units - 900 metres to Wilsonton Shopping Centre!


I SAID: ' Whole Quadplex of 4 Units, each earning income, each strata-titled !!! '



INVESTOR QUICK GLANCE:

- Capital outlay: Offers Over $1.2m
- Yielding gross rent return: 5.39% p.a. based on Offers Over price

- Current annual rent income $64,740.00

- 2 of 4 Units leased until mid-December 2021
- 1 of 4 Units leased until mid-November 2021
- 1 of 4 Units leased until mid-October 2021

- Set on 1,214 sq mtr allotment; south/south-west orientation

- 4 Units with total of 11 bedrooms, 8 bathrooms, 4 internal single garages
- Modern design, configuration: 2 x 2 Duplexes, resulting in a complex of 4 Units total
- 900 metres to local shopping centre

- Each Unit is strata-titled, however one owner here so ZERO body corp fees



LET'S TAKE A CLOSER LOOK:

----------UNIT 1

::::: 2 bedrooms, 2 bathrooms, 1 garage
::::: Earning $285/wk until 29/10/21
::::: Potential to increase to $300/wk
::::: General rates: $1,011.87 net 1/2 yr for this Unit
::::: Water access: $338.00 net 1/2 yr per Unit + tenant to pay indiv. metered usage

- Formal entry
- Huge open-plan living and dining area
- Kitchen with electric stove, dishwasher and plenty of cupboards
- Ensuite to main bedroom, with shower, toilet and vanity
- 2 bedrooms total, each with built-in robes
- Main bathroom with bathtub, vanity, separate shower and a handy cupboard
- Private arrival home via internal single garage
- Handy laundry to rear of garage

----------UNITS 2, 3 AND 4

::::: Each 3 bedrooms, 2 bathrooms, 1 garage
::::: Each earning $320/wk until 12/12/21; 12/11/21; 14/12/21 respectively
::::: Potential to increase to $330/wk each
::::: General rates: $1,011.87 net 1/2 yr per Unit
::::: Water access: $338.00 net 1/2 yr per Unit + tenant to pay indiv. metered usage


- Living area ONE: formal lounge room
- Living area TWO: an open-plan family and dining zone
- Kitchen with electric stove, dishwasher and plenty of cupboards
- Main bedroom with reverse-cycle air conditioning
- Ensuite with shower, toilet and vanity
- 3 bedrooms total, each with built-in robes
- Main bathroom with bathtub, vanity and separate shower
- Private main toilet
- Easy arrival home via internal single garage
- Handy Laundry at rear of garage
- Fenced backyard area



WHAT'S NEARBY?

- 500 metres to State Rose Garden and Park via Pottinger St
- 900 metres to endless takeaway options and Wilsonton Shopping Centre
- 1.5km to Newtown Primary School
- 1.9km to Wilsonton High School
- 2.9km to Grand Central Shopping Centre / CBD



ENTIRE UNIT BLOCK INVESTORS, Toowoomba is thriving:

- $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



IT'S A COLLISION of income and handy location here, so INVESTORS SHOULD SEE.

FOR YOUR CONVENIENCE, we're watching out for your call, text or inbox right now. ACQUIRE NOW AND GAIN!



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

- Local Government Area: Toowoomba Regional Council
- Internet: Each unit can connect to NBN on Fibre-to-the-Node technology (FTTN)
- State School Zone: Wilsonton Primary (P-6, 1.5km); Wilsonton High (7-12, 1.9km)
- Disclaimer: All care taken, however you are encouraged to independently verify all figures, measurements and indications.

Property Details

Price
Block of 4 Units - Offers Over $1,195,000
Address
Bridge Street
Suburb
NEWTOWN
Postcode
4350
Property Type
Land Size
1214 m2
Bedrooms
11
Bathrooms
8
Carparks
4
Property ID
20666384
Other Features
Broadband Internet, Dishwasher, Built-in Wardrobes, Secure Parking, Air Conditioning,None