264 Tor Street
Rockville Qld 4350
Price: Offers From $1,400,000
7
Bedrooms
4
Bathrooms
4
Parking
809
Approx Sqm
Property Description

SELLING ALTOGETHER, The Jacqui Walker Team presents this WHOLE BLOCK OF FOUR UNITS only 210 metres to the grounds of St Andrew’s Private Hospital.

CURRENTLY yielding a whopping 13.52% p.a. – based on the Offers Over price – with 100% occcupancy 365 days-a-year on Airbnb.

THAT’S 4 Units at $130 PER NIGHT each, showing income 7 days a week 52 weeks per year !!!

THESE ATTRACT LONG BOOKINGS of 3-4 months by Mining Execs and Hospital Stakeholders, so cleaning and management tasks are reduced.

ASSET QUICK GLANCE:

– Known as ‘Hummingbird Apartments’
– 4 Units selling together on 809 sq mtr allotment
– Reverse-cycle air conditioning and ceiling fans in all living rooms and all bedrooms
– Immaculately presented inside and out

– Units 1 and 2:
::: Each with 2 bedrooms, 1 bathroom, garage
::: Spacious open-plan living/dining, also a laundry
::: Fully renovated to look brand-new

– Unit 3
::: 2 bedrooms, 1 bathroom, carport
::: Spacious open-plan living/dining, also a laundry
::: Built 2018

– Unit 4:
::: 1 bedroom, 1 bathroom, carport
::: Spacious open-plan living/dining, also a laundry
::: Built 2018

CURRENT INCOME:

– Earning 13.52% p.a. gross rent return
– Units earns $130 EACH PER NIGHT
– Showing 100% occupancy on Airbnb, 7 days a week 52 weeks per year
– At peak times, these Units fetch $200 EACH PER NIGHT
– Why so popular?
::: 210 metres to Private Hospital
::: 620 metres to sprawling Wilsonton Shopping Centre
::: Rockville, Toowoomba is at the gateway to the west … huge mining / rural wealth, important stakeholders coming and going all the time

OUTGOINGS:

– Body Corp: None, nada, nil … selling as a whole complex
– Electricity: typically $105/mnth (U1), $105/mnth (U2), $130/mnth (U3 and U4 on one shared circuit)
– Building Insurance: amount coming soon
– Recent General Rates: amount coming soon
– Recent Water Access: amount coming soon
– Currently self-managed and self-cleaned
::::: Cleaning and is easier here
::::: Why? Because of LONG-BOOKINGS common here by Miners and Hospital Stakeholders
– And remember, whole complex so NO BODY CORP EVER

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
::::: $1.6 billion Second Range Crossing completed 2019
::::: $500m QIC Grand Central Shopping Centre upgrade completed 2018
::::: New International Freight Airport
::::: New Airport Industrial Park
::::: New Regional Data Centre

– 80 mins drive to Brisbane, flights available
– Under 2 hours drive to Gold Coast

WHAT A COMBINATION: The 13.52% annual rent yield … the Private Hospital location … the 100% occupancy! THIS IS DEFINITELY THE ONE TO GET.

FOR YOUR CONVENIENCE, The Jacqui Walker Team is standing by right now for your call, text or inbox to arrange your INSPECTION OF THIS HIGH-YIELDING QUADPLEX NEAR PRIVATE HOSPITAL. SEE NOW!

***USEFUL INFO courtesy of Jacqui Walker:

– Internet: Can connect to the NBN via Fibre-to-the-Node technology (FTTN)
– Local Government Area: Toowoomba Regional Council
– State School Zone: Wilsonton Primary (P-6; 1.3km) and Wilsonton High (7-12; 950m)
– Disclaimer: All care taken, however you’re encouraged to independently verify all figures and indications.

Amenities

Secure Parking

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