Real Estate Australia

Location, Return & Strong Capital Growth!
Offers Over $549,000

  SOLD  

Property Location: 41 Raff Street TOOWOOMBA CITY - TOOWOOMBA - QLD

Listing Id: 17168675  

Details	Bedrooms: 7    Bathrooms: 5    Garages: 5
Land	Size: 898 Square Mtr Approx
Description: Located within walking distance to the CBD and public transport, sits 5 flats (1 & 2 bedrooms) on a 898m2 allotment. The complex has an excellent rental history with some tenancies beginning in 2011, currently returning a combined rent of $800 p/week, that's a gross return of around 7.3%! Zoned as residential conservation in a growing precinct of Toowoomba ensures the capital growth will be strong well into the future. Flat 1: 1 Bedroom 1 Bathroom rent appraised at $155 per week Flat 2: 1 Bedroom 1 Bathroom leased at $155 per week (Lease end July 2017) Flat 3: 2 Bedroom 1 Bathroom leased at $175 per week (Lease end July 2017) Flat 4: 2 Bedroom 1 Bathroom leased at $175 per week (Lease end October 2017) Flat 5: 1 Bedroom 1 Bathroom Leased at $140 per week (Lease end Apr 2017) Council rates are approximately $4,500 per annum. The owner pays the insurance direct himself. The grass cutting is carried out by a contractor as needed. Call Daniel Burrett today to arrange your private inspection!

Location, Return & Strong Capital Growth!
Offers Over $549,000

Contact RE/MAX Success Today!!!

Contact Daniel Burrett
Phone 0428 717 770

Property ID:17168675