Calling all Investors! Your next investment opportunity awaits. A low-maintenance property with long-term tenants, offering an impressive 5.3% return positioned in a tightly held pocket of Newtown.
Nestled on a generous 631m2 lot, this three-bedroom family home strikes the perfect balance between spacious living and easy maintenance. Tucked away in a serene corner of Newtown, its prime location offers the convenience of walking to Wyalla Shopping Centre, making it an ideal choice for your tenants and owner-occupiers. You'll also find public transport and parklands nearby, and the ever-growing Toowoomba CBD is just a stone's throw away.
This home has seen thoughtful updates over the years. Inside, you'll discover three comfortably sized bedrooms, with two featuring ceiling fans and built-in wardrobes. While the kitchen retains its original charm, it boasts an open-plan layout that seamlessly flows into the dining area. The true highlight of this home lies in its three generous living areas, including a spacious formal lounge and an inviting rumpus room with reverse cycle air-conditioner indoors. Plus, there's an undercover, fully enclosed entertaining area just off the kitchen.
Outside, you'll find a lovely low-maintenance backyard, fully fenced to provide a haven for children and pets to play freely. Additionally, the yard features two established mandarin and orange trees, a handy garden shed, and a rainwater tank for added convenience.
This property offers a comfortable and convenient lifestyle, with its updated interiors and effortless outdoor maintenance. Don't miss your chance to make it your own- for further information or to schedule a private viewing contact Zac Turley or Murray Troy today!
Property Features Include:
- Three good sized bedrooms (two with ceilings fans and built ins)
- Spacious open plan kitchen and dining.
- Kitchen equipped with great cupboard storage.
- Three large living areas including formal lounge, rumpus/playroom and an enclosed, covered entertainment area.
- Garden shed.
- Rainwater tank.
- NBN connected.
- Security screens on windows.
- Double carport car accommodation.
- Fully fenced yard.
- Reverse cycle air-conditioning.
School Catchments:
- Prep to Year 6: Glenvale State School
- Year 7 to Year 12: Wilsonton State High School
Tenancy Details:
- Current tenants have resided at premises since 28/02/2018.
- Currently leased until 7/10/2024.
- As of 03/10/2023 rented for $490 p/week. Boasting an approximate 5.3% return!
Property Rates:
- General net ½ year: $1,274.96
- Water net ½ year: $315.29 + consumption.
Disclaimer:
Prospective buyers are advised that the online photos of this property may not fully represent the property in its current condition due to existing tenancy arrangements and tenant privacy concerns. To access the most accurate information, please contact Zac Turley for a current video walkthrough and further property details.
