INVESTOR ALERT - 3 STRATA-TITLED UNITS | FULLY LEASED | APPROX. 5% GROSS RETURN
$1,485,000 - THREE UNITS TO BE SOLD TOGETHER
Here is an investment opportunity that deserves serious attention.
Welcome to Units 1, 2 & 3/40 Taragon Street, Glenvale - three modern, separately strata-titled residences being offered together as one outstanding investment holding.
All three properties are fully leased, each currently returning $480 per week, providing a combined gross rental income of approximately $74,880 per annum and representing an attractive gross return of approximately 5.04%
No searching for tenants. No waiting for income to commence.
Purchase, settle and step straight into an established income-producing investment from day one.
THE INVESTMENT AT A GLANCE
Three separately strata-titled units
To be sold together - not individually
Purchase price: $1,485,000
All three units fully leased
$480 per week per unit
Combined rental income: $1,440 per week
Combined gross income: $74,880 per annum
Approximate 5.04% gross rental return
Unit 1 leased until October 2027
Unit 2 leased until March 2027
Unit 3 leased until October 2027
Modern, low-maintenance construction
Positioned together on a 766m² corner allotment
THREE PROPERTIES - ONE PURCHASE
Each beautifully presented residence offers:
Two generous bedrooms
Two bathrooms
Master bedroom with private ensuite
Built-in wardrobes
Spacious open-plan kitchen, dining and living
Air-conditioning
Modern kitchen with excellent storage
Quality fixtures and fittings
Private outdoor entertaining area
Single remote lock-up garage
Internal garage access
Low-maintenance surrounds
Across the entire holding, that's an impressive six bedrooms, six bathrooms and three lock-up garages.
WHY BUY ONE INVESTMENT WHEN YOU CAN SECURE THREE?
For the serious investor, this opportunity provides something quite special.
Rather than purchasing three properties in three different locations, here you can acquire three separately titled assets together, creating the convenience of having your investment holding in one location while retaining the benefit of three individual titles.
The properties are already tenanted and income producing, removing one of the immediate uncertainties associated with acquiring vacant investment property.
It also provides three separate rental income streams, rather than relying upon the tenancy of a single property.
BUILT WITH TENANT APPEAL IN MIND
Each unit offers the modern features tenants are looking for - two bedrooms, two bathrooms, ensuite to the master, open-plan living, air-conditioning, private outdoor space and secure garaging.
The contemporary, low-maintenance design makes these properties particularly well suited to investors wanting an asset that is practical and appealing to tenants without the maintenance demands of an older property.
INVEST IN GLENVALE
Positioned in established Glenvale, the properties enjoy convenient access to shopping, schools, parks, services and the Toowoomba CBD.
JACQUI SAYS…
"I think this is a particularly exciting opportunity for an investor wanting to acquire multiple income-producing properties in one transaction."
"All three are beautifully presented, all three are leased at $480 per week, and all three are separately strata titled. At $1,485,000, the combined current rental income represents approximately a 5% gross return."
"The hard work has been done - the tenants are in place and the income is already flowing. Now it's simply time for the next investor to take ownership."
The Jacqui Walker Team would be delighted to provide full lease information and further details or arrange your private inspection.
3 TITLES. 3 TENANCIES. $74,880 P.A. GROSS INCOME. ONE OUTSTANDING INVESTMENT.
$1,485,000 - SOLD AS ONE COMPLETE INVESTMENT HOLDING
