18 Railway Street
Cambooya Qld 4358
Price: Whole Duplex - $410,000
4
Bedrooms
2
Bathrooms
2
Parking
1492
Approx Sqm
Property Description

WITH 5 BIG IMPROVEMENTS, this WHOLE DUPLEX of 2 Units currently earns 6.46% annual gross rent yield.

BOTH UNITS HERE are one title and are SELLING TOGETHER.

INVESTOR QUICK GLANCE:

– Whole Duplex of 2 x 2 bedroom units

– Gross lease income $510.00 per week
:::::: Unit 1 leased until mid-Dec 2021 at $255.00 per week
:::::: Unit 2 leased until mid-Aug 2021 at $255.00 per week
:::::: Wow! Equates to a 6.46% annual gross rental yield

– Zero body corp fees … not strata-titled
– Recent General Rates: Approx $710.00 per unit net 1/2 yr
– Recent Water Access: Approx $210.00 per unit net 1/2 yr

– Large corner 1,492 sq mtr allotment
:::::: Dimensions 61.5m frontage x 26.0m deep
:::::: Corner Railway and Creek Streets

WOW! 5 BIG IMPROVEMENTS IN 2018:

– Re-stumped
– Re-wired
– Re-painted inside and out
– New kitchens to both Units
– New carpets to both Units

EACH UNIT FEATURES:

– A spacious living room
– An attractive dining room
– A recently updated kitchen with polished floors, new benches and electric cooking
– 2 bedrooms to each unit, each with built-in-robes
:::::: Air-conditioning to main bedroom in Unit 2
– Private internal garage to each unit, each with rear glass sliding door
– Nicely updated bathroom with shower and vanity
– Private toilet
– Separate internal laundry
– Tenants always prefer the expansive, fully-fenced yards
– Aluminium sliding glass windows, with security screens for more peace of mind

WHAT’S NEARBY?

– 250m walk to Rolleston Park
– 550m to handy store and newsagency
– 1km to Cambooya Primary School
– 18 minutes to Kmart at Toowoomba Plaza

CAMBOOYA is a go-ahead town just 16km south of booming Toowoomba. Across the Toowoomba Region, investors are capitalising on recent infrastructure upgrades including the $1.6 billion Second Range Crossing … Airport Industrial Park … Regional Data Centre … New food precincts … and the $500m QIC Grand Central Shopping Centre upgrade.

TIGHTLY HELD, the current owners seek to realise their capital gain, so this is your opportunity to add a very high-yielding duplex to your investment portfolio.

DUPLEXES RETURNING 6.46% p.a. GRR are rare. So now is the moment to BUY WELL.

FOR YOUR CONVENIENCE, we’re available right now to answer your questions. BOOK YOUR INSPECTION NOW!

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

– Local Government Area: Toowoomba Regional Council
– Internet: Units may be able to connect to NBN via Fixed Wireless (FW) however please seek independent verification
– State School Zone: Cambooya Primary (P-6, 1km); Harristown High (7-12, 18.9km)
– Disclaimer: All care taken, however you’re encouraged to independently verify all figures and indications.

Amenities

Secure Parking
Built in Robes

Share This Property

  • Email Agent about 18 Railway Street, CAMBOOYA QLD 4358
  • Privacy Policy

Need to sell before you buy?

Find out the value of your property and see comparable sales, suburb performance and more. It takes seconds.