317 Bridge Street
Newtown Qld 4350
SOLD - $1,160,000
11
Bedrooms
8
Bathrooms
4
Parking
1214
Approx Sqm
Property Description

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.

Amenities

Air Conditioning
Secure Parking
Dishwasher
Built in Robes
Broadband
Reverse Cycle Aircon

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