19 Ramsay St

South Toowoomba QLD 4350

567 m²

House

Currently for sale - view listing

Overview

Smart Investing = dual income + forecast growth!

If not sold prior, offers will close Wednesday 27th May at 5pm. This outstanding South Toowoomba opportunity delivers a combined return of approximately $62,715 per annum, comprising a leased commercial component returning $34,115 per annum, alongside a residential tenancy with an estimated rental return of $540$560 per week, approximately $28,600 per annum. What You Need to Know: Toowoomba continues to rank among Australia's fastest-growing inland cities outside the capital cities. Positioned minutes from the CBD and on the cusp of East Toowoomba and South Toowoomba. Both the residence and commercial premises present exceptionally well and have been well maintained. New roofing and guttering have been completed to both buildings in recent years. The residence offers 3 bedrooms, 2 bathrooms and a 2-car garage with its own private driveway. The residence has been freshly painted throughout, with sanded timber floors and newly carpeted bedrooms. Gardens have been freshly mulched with new turf recently laid. The commercial component is occupied by a long-term quality tenant, secured with a further 3-year lease. A second driveway services the commercial premises, complete with additional garage space. An exceptional opportunity to secure a versatile investment in one of Toowoomba's most tightly held and continually growing locations. Additional Information: General Rates (1/2 Year): $1,916.61 approx. Water Access Charge (1/2 Year): $314.95 approx. Allotment: 567m² Please note: Austin Brookman Property's representatives have relied on information provided by others and made all reasonable efforts to ensure its accuracy. However, prospective buyers should conduct their own enquiries to verify all details.