7 Gower Street

Chinchilla QLD 4413

Unit

Currently for sale - view listing

Overview

BOUTIQUE COMPLEX WITH COMPANY TENANT IN PLACE SINCE 2020

Positioned in the highly sought Gower Street, in Bottle Tree Estate, this spacious, low maintenance property delivers exactly what investors are chasing right now… strong returns, long term quality, company tenants, and a set and forget asset in a quiet high demand location. Located in a modern, set of 6 boutique units, currently leased at $450pw to company tenant who has been in place since 2020, this is a proven performer with immediate income from day one. Why This Investment Stacks Up: • 3 good sized bedrooms, master complete with walk through robe and private ensuite • Spacious main bathroom with separate toilet, ideal for shared living or families • Open plan living and dining designed for modern tenant appeal • Contemporary kitchen with stainless steel appliances, ample storage, and large breakfast bar • Seamless flow to a larger sized covered alfresco, enhancing lifestyle appeal and tenant retention • Double remote garage with internal access for convenience and security • Fully fenced very spacious side yard • Fully ducted reverse cycle air conditioning throughout, ensuring year round comfort plus fans to the 3 bedrooms The Opportunity This is the type of property that underpins a strong portfolio… modern, functional, and consistently appealing to the rental market. With demand remaining tight and vacancy rates historically low across the region, opportunities like this are quickly snapped up by savvy investors looking for reliable returns and minimal downtime. Investment Snapshot: • Long term company tenant in place since 2020 • Current rental return: $450pw • Current Lease: from 25 Sep 2025 to 24 Sep 2026 • Expected rental increase to: $470-$490pw • Furnished Lease OTHER FACTS AND FIGURES Built by Surat Basin Homes in approx. 2012 Council Rates: approx. $33pw Water Charges on consumption Body Corporate Costs including Home Insurance, Admin and Sinking Fund approx $55pw: – see sellers disclsoure for complete breakdown Local Government: WESTERN DOWNS Chinchilla Vacancy rate = under 1% IMPORTANT: Photos are NOT of the current furniture items, Request the email info pack to see the current Video walk through and Inventory list. Property Information Pack - TEXT YOUR EMAIL ADDRESS TO 0497 188 042 to receive the Property Information Pack which includes the: - Sellers Disclosure and Body Corporate Information - Full Video walk through - Inventory - from move in 2020 - Offer Portal Instructions CALL Our Buyer’s Associate Dan on 0473 240 990 to discuss any further questions OFFERS CLOSE: Monday 4th May at 6pm – ALL offers must be accompanied by Proof of ID and your Finance Pre-Approval Letter uploaded with your offer in the Secure Offer Portal. Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. Prospective purchasers are encouraged to make their own enquiries and inspections to verify details.