Description
Complex of 6, 3 bedroom Townhouses being offered as one lot.
This is your chance to be the owner of your own block of Townhouses in a position you could only wish for.
This block of 6 large Townhouses is right next to Toowoomba's University and only 6 kms from Toowoomba CBD, close to major shopping centres, schools and bus route.
These Townhouses are all 3 bedroom, all with ensuites and feature large bedrooms, and front and back court yards. Located in a residential cul-de-sac with direct access to the University, via the walkway through the famous Toowoomba Japanese gardens.
The units are furnished and because of the location, obtaining rents in excess of $330 a week, higher than similar Townhouses in Toowoomba.
The complex is strata titled and most of these Townhouses have being in the same family for since built. Always leased and often with tenants on the waiting list, because of the location and the size of the Townhouses, clients have included; mature age University students, uni staff and corporate clients looking for furnished residential accommodation.
That's the good, so is there a bad? The Townhouses are in their original state, build in 1990, they could do with a basic internal make over which would substantially increase the rents as there is an increasing demand for quality furnished residential accommodation in Toowoomba because of the growth of gas industry and other support industry workers looking for accommodation in Toowoomba, the commercial support hub of the Darling Downs and growing gas industry. Furnished quality homes and units in Toowoomba are renting for $700 to $1000 a week so these units have the potential to provide significant returns for the smart investor.
The Body Corporate has a health bank balance, all Townhouses have long term leases in place so this is your opportunity to purchase, with confidence, the entire complex and be your own Body Corporate Manager and the owner of a block of Townhouses in one of the best positions in Toowoomba.
As noted in the August edition of, Your Investment Property magazine, Toowoomba came in 11th out of 100 top suburbs to invest in. With the close proximity to the Surat Basin, rising rentals and diverse economy, it's easy to see why Toowoomba is considered an investment hot spot.
Do your drive past, run a goggle maps, check out the location, do your numbers and then call.
This is your chance to be the owner of your own block of Townhouses in a position you could only wish for.
This block of 6 large Townhouses is right next to Toowoomba's University and only 6 kms from Toowoomba CBD, close to major shopping centres, schools and bus route.
These Townhouses are all 3 bedroom, all with ensuites and feature large bedrooms, and front and back court yards. Located in a residential cul-de-sac with direct access to the University, via the walkway through the famous Toowoomba Japanese gardens.
The units are furnished and because of the location, obtaining rents in excess of $330 a week, higher than similar Townhouses in Toowoomba.
The complex is strata titled and most of these Townhouses have being in the same family for since built. Always leased and often with tenants on the waiting list, because of the location and the size of the Townhouses, clients have included; mature age University students, uni staff and corporate clients looking for furnished residential accommodation.
That's the good, so is there a bad? The Townhouses are in their original state, build in 1990, they could do with a basic internal make over which would substantially increase the rents as there is an increasing demand for quality furnished residential accommodation in Toowoomba because of the growth of gas industry and other support industry workers looking for accommodation in Toowoomba, the commercial support hub of the Darling Downs and growing gas industry. Furnished quality homes and units in Toowoomba are renting for $700 to $1000 a week so these units have the potential to provide significant returns for the smart investor.
The Body Corporate has a health bank balance, all Townhouses have long term leases in place so this is your opportunity to purchase, with confidence, the entire complex and be your own Body Corporate Manager and the owner of a block of Townhouses in one of the best positions in Toowoomba.
As noted in the August edition of, Your Investment Property magazine, Toowoomba came in 11th out of 100 top suburbs to invest in. With the close proximity to the Surat Basin, rising rentals and diverse economy, it's easy to see why Toowoomba is considered an investment hot spot.
Do your drive past, run a goggle maps, check out the location, do your numbers and then call.