Real Estate Australia

6.58% gross rental return with tenant in place until Nov 22
Offers over $259,000

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  SOLD  

Property Location: 7 Monash Street NEWTOWN - TOOWOOMBA - QLD

Listing Id: 20751789  

Details	Bedrooms: 3    Bathrooms: 1    Garages: 1
Land	Size: 400 Square Mtr Approx
Description: Investors want three things when they buy an investment property. They want an excellent rental return, they want a great tenant in place who keeps the place clean and tidy and they want a long-term lease in place. This property ticks all of those boxes. The location is a bonus and now is the time to invest in Toowoomba while interest rates are low and prices are extremely affordable. This house is close to the Wilsonton shopping centre, St Andrews Hospital and both primary and high schools making it perfect for any tenant. This property has many features, which include the following: - 3 bedrooms, 2 doubles and 1 single - Spacious separate lounge room - Huge rumpus room - Modern kitchen with dishwasher and s/steel electric cook top and oven - Updated bathroom with shower over bath - 2 toilets - Inside laundry - Internal paint and floor coverings in excellent condition - Gas points for heating - Ceiling fans - Reverse cycle air conditioner - Fully fenced 400m2 block and land zoned with potential to build a dual duplex subject to council approval - Single carport - Rates: $1034.34 nett ½ year & $304.59 water connection fee Currently rented at $328.00 per week until 11th November 2022 (rent to rise every 12 months or the term of the lease by a minimum of 3% from February 2019 to allow for CPI increases) Tenant has been living in the home for 5 years and loves the house and the area/location. This is a no brainer for the astute investor for the growth suburb of Newtown. No open houses so all Scott or John to arrange a private inspection. Remember we need to allow at least 24 hours' notice for the tenant

6.58% gross rental return with tenant in place until Nov 22
Offers over $259,000

Contact York Realty Today!!!

Contact Scott Couper
Phone 0418 534 144

Contact John Rizqallah
Phone 0427 976 007

Property ID:20751789

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